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1st Source Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for 1st Source Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
2,824
2010 – 2025
Approved $
$405.1M
across all programs
Avg loan size
$143K
median $69K
Top industry
"General Freight Trucking, Local"
202 loans · 7%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
2,824
Approved
$405.1M
Avg size
$143K
Range
$4K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
"General Freight Trucking, Local"
202
Full-Service Restaurants
125
"General Freight Trucking, Long-Distance, Truckload"
117
Landscaping Services
73
Beauty Salons
61
Limited-Service Restaurants
55
Loan records · 1st Source Bank
Showing largest 500 of 2,824 records
Sort:
Action Machine LLC
South Bend, IN · 46613
$5,000,000
7(a)
1st Source Bank$294K/job · 2025-02-19
Happy Home Care Inc
Greenwood, IN · 46143
$3,897,800
7(a)
1st Source Bank$974K/job · 2026-01-30
C.P.R. Machining, LLC
South Bend, IN · 46614
$3,402,000
7(a)
1st Source Bank$136K/job · 2020-04-14
M.P. Baker Electric Inc
Lafayette, IN · 47905
$3,313,200
7(a)
1st Source Bank$118K/job · 2024-10-15
Future Sales, LLC
Elkhart, IN · 46514
$3,254,100
7(a)
1st Source Bank$88K/job · 2021-09-21
Latitude Service Company, Inc.
Woodland Hills, CA · 91364
$2,771,000
7(a)
1st Source Bank$924K/job · 2013-11-26
Obeco Inc.
Goshen, IN · 46528
$2,700,000
7(a)
1st Source Bank$68K/job · 2017-02-17
Titus Dental LLC
Middletown, IN · 47356
$2,372,900
7(a)
1st Source Bank2025-01-06
Branch Gymnastics & Physical Devlopment Inc
Battle Creek, MI · 49037
$2,365,000
7(a)
1st Source Bank$41K/job · 2015-12-21
C.F.B., Inc.
Bristol, IN · 46507
$2,345,000
7(a)
1st Source Bank$67K/job · 2021-04-30
Fourth Estate Inc
Valparaiso, IN · 46385
$2,314,100
7(a)
1st Source Bank$231K/job · 2024-08-06
Coulter & Son, Inc.
Middlebury, IN · 46540
$2,271,000
7(a)
1st Source Bank$114K/job · 2014-07-16
Epic Home Care Inc
Mishawaka, IN · 46545
$2,262,900
7(a)
1st Source Bank$45K/job · 2017-03-15
WELCO RE LLC & WELCHEIMER FUNE
South Bend, IN · 46616
$1,994,400
7(a)
1st Source Bank$153K/job · 2005-09-20
KM & JJ, LLC
Ligonier, IN · 46767
$1,900,000
7(a)
1st Source Bank$950K/job · 2015-01-08
Container Service Corp.
South Bend, IN · 46628
$1,827,000
7(a)
1st Source Bank$18K/job · 2014-01-30
Genius Acquisitions, LLC
Elkhart, IN · 46516
$1,772,400
7(a)
1st Source Bank$35K/job · 2017-12-20
Pioneer Lumber Inc
Michigan City, IN · 46360
$1,750,000
7(a)
1st Source Bank$76K/job · 2016-11-22
Madison Manufacturing Inc.
Bremen, IN · 46506
$1,655,900
7(a)
1st Source Bank$97K/job · 2017-10-31
Michiana Perfusion Services Inc. and AS
Granger, IN · 46530
$1,575,000
7(a)
1st Source Bank$225K/job · 2010-06-08
RENZ SPAS LLC
Mishawaka, IN · 46545
$1,546,900
7(a)
1st Source Bank$309K/job · 2024-01-30
Cook Metz, LLC
Ligonier, IN · 46767
$1,500,000
7(a)
1st Source Bank$750K/job · 2015-01-08
Kensington Digital Media of Indiana, L.L.C.
Warsaw, IN · 46580
$1,454,200
7(a)
1st Source Bank$97K/job · 2018-08-29
Wright Insurance Services, LLC
Kalamazoo, MI · 49048
$1,452,500
7(a)
1st Source Bank$726K/job · 2020-06-17
LMP Corporation
South Bend, IN · 46628
$1,449,500
7(a)
1st Source Bank$58K/job · 2017-02-28
1–25 of 500 (largest 500 of 2,824)
Page 1 of 20
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Where 1st Source Bank lends

APPROVAL CONCENTRATION
TOP STATES
IN
2,456
MI
326
OH
9
IA
7
IL
6