Lake City Bank
Headquartered in WARSAW, IN. Analysis based on 92 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $44.3M.
Total 7(a) loans
92
Total approved
$44.3M
Average loan
$481K
States funded in
4
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
45.95%
Average rate
6.54%
Average term
100 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 713940 | Fitness and Recreational Sports Centers | 5 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 4 |
| 561990 | All Other Support Services | 4 |
| 722513 | Limited-Service Restaurants | 4 |
| 531120 | Lessors of Nonresidential Buildings (except Miniwarehouses) | 4 |
| 812199 | Other Personal Care Services | 4 |
| 333511 | Industrial Mold Manufacturing | 3 |
| 713990 | All Other Amusement and Recreation Industries | 3 |
| 611620 | Sports and Recreation Instruction | 3 |
| 236118 | Residential Remodelers | 3 |
Top 10 states
| State | Loans |
|---|---|
| IN | 85 |
| MI | 4 |
| OH | 2 |
| FL | 1 |
Top franchise brands financed
12 franchise loans across 6 distinct brands.
| Franchise | Loans |
|---|---|
| Pure Barre | 3 |
| Polaris - Dealer Agreement | 3 |
| Jimmy John's | 2 |
| Primrose Schools | 2 |
| Rainbow International | 1 |
| Berkshire Hathaway HomeService | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.