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1st Source Bank is the largest locally controlled financial institution headquartered in northern Indiana and southwestern Michigan, managing $8.9 billion in assets. Founded in 1863, the bank serves clients across 19 counties with a mission to help clients achieve security, build wealth, and realize their dreams through personalized banking relationships.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of March 31, 2026
Median
$1.1M
Average
$1.1M
Sweet Spot
$500K-$1M
Industries with highest loan volume
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$1.4M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
1
loans
$1.4M
avg
Landscaping Services
1
loans
$781K
avg. amount
Landscaping Services
1
loans
$781K
avg
10-Year Default Rate
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $500K-$1M | Prime + 2.75% |
| $1M-$2M | Prime + 2.75% |
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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