SBA lender profile
State Bank
State Bank appears in the public SBA loan data with 181 funded 7(a) loans since FY2010, totaling $60.8M, an average of $336K per loan, and an estimated 3,366 jobs supported. Its SBA lending concentrates in Indiana and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 5.5%. 50.8% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 59
- Scale 62
- Activity 33
- Consistency 78
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is State Bank the right lender for you?
Lenders fund what they know. State Bank's SBA lending concentrates in Indiana (170 loans) and Manufacturing (26 loans), at an average loan of $336K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $1.1B
- Headquarters
- La Grange, TX
- FDIC cert
- #10346
- Status
- Inactive
Where State Bank lends
Top states by funded SBA volume.
Metro areas where State Bank funds
What State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 26 | $10.4M |
| Retail Trade | 19 | $8.6M |
| Accommodation and Food Services | 29 | $8.0M |
| Health Care and Social Assistance | 9 | $6.5M |
| Other Services | 23 | $5.5M |
| Real Estate | 8 | $5.1M |
State Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 27 | $8.2M |
| 2011 | 21 | $12.0M |
| 2012 | 18 | $3.9M |
| 2013 | 20 | $9.9M |
| 2014 | 21 | $4.2M |
| 2015 | 22 | $4.1M |
| 2016 | 11 | $1.2M |
| 2017 | 10 | $6.7M |
| 2018 | 6 | $1.2M |
| 2019 | 6 | $2.4M |
| 2020 | 4 | $1.3M |
| 2021 | 6 | $3.0M |
| 2022 | 1 | $600K |
| 2023 | 5 | $1.8M |
| 2025 | 2 | $175K |
| 2026 | 1 | $50K |
Related SBA lenders
Other lenders active in Indiana or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
State Bank: frequently asked questions
Does State Bank offer SBA loans?
Yes. State Bank appears in the public SBA data with 181 funded SBA 7(a) loans totaling $60.8M.
How many SBA loans has State Bank made?
State Bank is associated with 181 SBA 7(a) loans totaling $60.8M in the public SBA data (as of 2026-03-31).
What is State Bank's SBA charge-off rate?
About 5.5% of State Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does State Bank do most of its SBA lending?
State Bank's SBA lending in the data is most concentrated in Indiana, and by industry in Manufacturing.
Is State Bank an SBA Preferred Lender (PLP)?
The loan record shows State Bank operating under PLP delegated authority: 92 of its 7(a) loans (50.8%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/state-bank/
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