North Salem State Bank approved 14 SBA loans worth $3.7M between October 2021 and June 2026, ranking #1032 of 2,283 SBA lenders nationally by loan count. Its median loan was $85,000, and 29% went to startups or businesses under two years old. It lent in 1 states, most often in Indiana, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Indiana | 14 | $3.7M | $85,000 | #61 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 3 | $50,000 | |
| Restaurants and hotels | 2 | $185,000 | |
| Transportation and warehousing | 2 | $60,000 | |
| Administrative and support services | 1 | $33,400 | |
| Finance and insurance | 1 | $100,000 | |
| Health care and social assistance | 1 | $200,000 | |
| Real estate and rental | 1 | $380,400 | |
| Other services (repair, personal care) | 1 | $121,000 | |
| Retail | 1 | $1,900,000 | |
| Wholesale trade | 1 | $350,000 |