First State Bank of Middlebury: SBA loans in this registry
3companies
3loans
$3.6Mtotal approved
$1.2Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Middlebury, IN
- FDIC certificate number
- 8745
- Total assets
- $836.2 million (as of June 30, 2026)
- Established
- 1910
- Offices
- 6
- Website
- www.Bfirst.bank
- Acquisition loans (7(a))
- 3 loans, $3.6M total, $1.2M average
- Approval dates
- Jan 13, 2024 to Feb 27, 2026
- Typical term (median)
- acquisition loans: 10 years
- Initial interest rate (7(a))
- 8% to 10.5%, median 8.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Recreational Vehicle Dealers: 1 loan
- Furniture Retailers: 1 loan
- Wholesale Trade Agents and Brokers: 1 loan
Top states
Largest deals
- K4 Designs LLC, Sarasota, FL: $1,500,000 (7(a) acquisition, Jan 21, 2025)
- Trailers Midwest Incorporated, Elkhart, IN: $1,420,000 (7(a) acquisition, Feb 27, 2026)
- Up and up Logistics, LLC, Rolling Prarie, IN: $730,000 (7(a) acquisition, Jan 13, 2024)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Trailers Midwest Incorporated | Elkhart, IN | Recreational Vehicle Dealers | Acquisition | Feb 27, 2026 | $1.4M |
| K4 Designs LLC | Sarasota, FL | Furniture Retailers | Acquisition | Jan 21, 2025 | $1.5M |
| Up and up Logistics, LLC | Rolling Prarie, IN | Wholesale Trade Agents and Brokers | Acquisition | Jan 13, 2024 | $730K |