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The New Washington State Bank

NEW WASHINGTON, IN 47162

2
Loans Approved
$1.8M
Total Volume
$883K
Avg Loan Size
1
States Served

States Served

Indiana

Top Industries Financed

  • All Other Automotive Repair and Maintenance
  • Cut Stone and Stone Product Manufacturing

Quick Summary

The New Washington State Bank is an SBA-approved lender headquartered in NEW WASHINGTON, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $1.8M, with an average loan size of $883K. They primarily serve Indiana businesses.

About The New Washington State Bank

The New Washington State Bank is an SBA-approved lender headquartered in NEW WASHINGTON, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $1.8M, with an average loan size of $883K. They primarily serve businesses in Indiana.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is The New Washington State Bank an SBA Preferred Lender?

The New Washington State Bank 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 The New Washington State Bank approved?

According to SBA FOIA public records, The New Washington State Bank has approved 2 SBA 7(a) loans totaling $1.8M since 2020. Their average loan size is $883K.

What states does The New Washington State Bank serve?

The New Washington State Bank primarily serves businesses in Indiana.

How do I apply for an SBA loan with The New Washington State Bank?

To apply for an SBA 7(a) loan with The New Washington State Bank, 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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