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The North Salem State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for The North Salem State Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
116
2010 – 2025
Approved $
$30.4M
across all programs
Avg loan size
$262K
median $150K
Top industry
Full-Service Restaurants
11 loans · 9%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
116
Approved
$30.4M
Avg size
$262K
Range
$10K – $1.9M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Full-Service Restaurants
11
Electrical Contractors
8
Limited-Service Restaurants
5
"All Other Professional, Scientific, and Technical Services"
4
Breweries
4
Other Miscellaneous Nondurable Goods Merchant Wholesalers
4
Loan records · The North Salem State Bank
116 records
Sort:
Cloverdale Drugs Inc
Cloverdale, IN · 46120
$1,900,000
7(a)
The North Salem State Bank$173K/job · 2022-02-14
OLD FARM MARKET INC
Avon, IN · 46123
$1,585,000
7(a)
The North Salem State Bank$32K/job · 2007-12-19
RODGERS FINISHING TOOLS, INC.
Lebanon, IN · 46052
$1,400,000
7(a)
The North Salem State Bank2004-12-02
AUTUMN GLEN@GREENCASTLE
Greencastle, IN · 46135
$1,280,000
7(a)
The North Salem State Bank2002-12-02
Electric Plus, Inc
Danville, IN · 46122
$1,155,000
7(a)
The North Salem State Bank$44K/job · 2011-12-22
HAYES, MURPHY & SHARP INSURANC
Greencastle, IN · 46135
$1,010,000
7(a)
The North Salem State Bank2004-08-27
HAYES,MURPHY & SHARP INSURANCE
Greencastle, IN · 46135
$810,000
7(a)
The North Salem State Bank$101K/job · 2008-01-11
RNET, INC.
Martinsville, IN · 46151
$750,000
7(a)
The North Salem State Bank2006-07-25
OLD HICKORY GOLF COURSE
Greencastle, IN · 46135
$665,000
7(a)
The North Salem State Bank2005-02-03
ADR PARTNERS, LLC dba banc-serv PARTNERS, LLC
Carmel, IN · 46032
$620,000
7(a)
The North Salem State Bank$69K/job · 2009-03-19
Dev Group 1 Inc
Greencastle, IN · 46135
$620,000
7(a)
The North Salem State Bank$48K/job · 2020-08-27
RODGERS FINISHING TOOLS, INC.
Lebanon, IN · 46052
$609,151
7(a)
The North Salem State Bank2005-10-26
SURE CUTS, INC.
Lebanon, IN · 46052
$561,730
7(a)
The North Salem State Bank2003-07-07
Strawmyer & Drury Mortuary
Lebanon, IN · 46052
$536,000
7(a)
The North Salem State Bank$19K/job · 2014-10-20
Scorpion Protective Coatings, Inc.
Cloverdale, IN · 46120
$512,000
7(a)
The North Salem State Bank$26K/job · 2021-04-23
AVON LAUNDROMAT & TANNING
Avon, IN · 46122
$500,000
7(a)
The North Salem State Bank2003-04-10
DAIRY QUEEN, LEBANON
Lebanon, IN · 46052
$500,000
7(a)
The North Salem State Bank2005-02-25
Electric Plus, Inc
Danville, IN · 46122
$500,000
7(a)
The North Salem State Bank$26K/job · 2008-01-30
SULLIVAN'S EQUIPMENT SALES & SERIVCE, INC. AND WILD IRISH ENTERPRISES, LLC
Danville, IN · 46122
$496,000
7(a)
The North Salem State Bank$496K/job · 2011-02-10
Electric Plus, Inc
Danville, IN · 46122
$425,000
7(a)
The North Salem State Bank$25K/job · 2007-06-13
SEWER OPTICAL SERVICES INC
Lebanon, IN · 46052
$400,000
7(a)
The North Salem State Bank$36K/job · 2007-03-28
BURAN J JONES & SONS INC
Lebanon, IN · 46052
$350,000
7(a)
The North Salem State Bank$44K/job · 2005-09-16
SEWER OPTICAL SERVICES INC
Frankfort, IN · 46041
$350,000
7(a)
The North Salem State Bank$44K/job · 2006-01-27
Chicago's McCordsville Inc
Indianapolis, IN · 46236
$350,000
7(a)
The North Salem State Bank$14K/job · 2023-04-10
Proteam Tactical Performance, LLC
Indianapolis, IN · 46202
$350,000
7(a)
The North Salem State Bank$23K/job · 2022-05-20
1–25 of 116
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Where The North Salem State Bank lends

APPROVAL CONCENTRATION
TOP STATES
IN
116