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Citizens State Bank of New Castle

NEW CASTLE, IN 47362

142
Loans Approved
$43.9M
Total Volume
$309K
Avg Loan Size
4
States Served

States Served

IowaIllinoisIndianaTennessee

Top Industries Financed

  • Limited-Service Restaurants
  • Full-Service Restaurants
  • Residential Remodelers
  • Offices of Chiropractors
  • Other Services Related to Advertising

Quick Summary

Citizens State Bank of New Castle is an SBA-approved lender headquartered in NEW CASTLE, Indiana. Since 2020, they have approved 142 SBA 7(a) loans totaling $43.9M, with an average loan size of $309K. They serve businesses across 4 states.

About Citizens State Bank of New Castle

Citizens State Bank of New Castle is an SBA-approved lender headquartered in NEW CASTLE, Indiana. Since 2020, they have approved 142 SBA 7(a) loans totaling $43.9M, with an average loan size of $309K. They serve businesses across 4 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Citizens State Bank of New Castle an SBA Preferred Lender?

Citizens State Bank of New Castle is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Citizens State Bank of New Castle approved?

According to SBA FOIA public records, Citizens State Bank of New Castle has approved 142 SBA 7(a) loans totaling $43.9M since 2020. Their average loan size is $309K.

What states does Citizens State Bank of New Castle serve?

Citizens State Bank of New Castle serves businesses in 4 states: Iowa, Illinois, Indiana, Tennessee.

How do I apply for an SBA loan with Citizens State Bank of New Castle?

To apply for an SBA 7(a) loan with Citizens State Bank of New Castle, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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