State Bank and Trust approved 53 SBA loans worth $28.8M between October 2021 and June 2026, ranking #546 of 2,283 SBA lenders nationally by loan count. Its median loan was $414,000, and 38% went to startups or businesses under two years old. It lent in 3 states, most often in Ohio, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Ohio | 34 | $17.1M | $378,500 | #43 |
| Indiana | 18 | $11.6M | $446,500 | #51 |
| Michigan | 1 | $125K | $125,000 | #221 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 14 | $410,000 | |
| Wholesale trade | 9 | $475,000 | |
| Construction | 9 | $650,000 | |
| Other services (repair, personal care) | 5 | $251,000 | |
| Retail | 5 | $350,000 | |
| Professional and technical services | 4 | $267,500 | |
| Administrative and support services | 2 | $572,500 | |
| Transportation and warehousing | 2 | $323,000 | |
| Agriculture, forestry and fishing | 1 | $484,000 | |
| Real estate and rental | 1 | $102,000 |