STAR Financial Bank

IN

SBA-approved lender offering 7 loan programs across 12 industries.

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Key Metrics

Interest Rate

7.31%

0.56% over prime

Average Loan

$231K

Per approval

Total Approvals

35

FY 2025

Loan Programs (7)

7a with WCP
Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
7a General
Loan Funds will Open Business

Industries Served (12)

All Other Business Support ServicesAll Other Personal ServicesAll Other Specialty Trade ContractorsFabricated Structural Metal ManufacturingHome Health Care ServicesIndustrial Building ConstructionMiscellaneous Financial Investment ActivitiesOther Services to Buildings and DwellingsPolystyrene Foam Product ManufacturingPoured Concrete Foundation and Structure ContractorsSite Preparation ContractorsWater and Sewer Line and Related Structures Construction

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.56%
Effective Rate
7.31%
Fiscal Year
2025
States Served
IN

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