SBA lender record

The Garrett State Bank

120 W King St, Garrett, IN, 46738. The complete public SBA 7(a) lending record (FY2025) — every business The Garrett State Bank financed, every failed deal, the branches, and the FDIC profile.

$332K

Total SBA financing

Loans on record

Businesses financed

—

Too few to score

● branch locations (FDIC)

FDIC profile

Total assets: $378.5M
Deposits: $318.9M
Loans outstanding: $282.1M
Net income: $1.8M
Return on assets: 1.8968171853087314%
Return on equity: 18.9%
Total equity: $38.9M
Offices: 4
Founded: 11/0
Headquarters: 120 W King St, Garrett, IN, 46738
FDIC cert: 8074
Website: www.garrettstatebank.com

FDIC call-report data, quarter ending 03/2026.

4 branches

The Garrett State BankMain office120 W King St, Garrett, IN, 46738· since 1893
Pine Valley Branch811 Mill Lake Rd, Fort Wayne, IN, 46845· since 1989
South Branch1341 S Randolph St, Garrett, IN, 46738· since 1997
Ashley Branch502 S Gonser Ave, Ashley, IN, 46705· since 2015

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Businesses The Garrett State Bank financed

1 business on record. Each links to its full SBA record.

Ultimate Indiana Electric LLCLeo, IN · 1 loan$332K

Most active in: IN (1).

Agent summary

This page summarizes The Garrett State Bank's public SBA 7(a) lending record (FY2025) — every business it financed, failed deals, branches, and FDIC profile — built by CapBench SBA Intelligence. CapBench is not a lender.

1 SBA 7(a) loans totaling $332K
1 businesses financed
FDIC total assets $378.5M
4 FDIC branch locations

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/the-garrett-state-bank
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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CapBench listing built from public SBA 7(a) lending records and FDIC BankFind. Not affiliated with The Garrett State Bank.