diff --git a/lending/public/js/loan_common.js b/lending/public/js/loan_common.js
index c23a413e..f1363bac 100644
--- a/lending/public/js/loan_common.js
+++ b/lending/public/js/loan_common.js
@@ -21,6 +21,22 @@ lending.common = {
 					}, __("View"));
 				}
 				erpnext.hide_company();
+				frm.trigger("set_company_filter");
+			},
+
+			set_company_filter: function(frm) {
+				if (
+					["Loan Application", "Loan"].includes(frm.doc.doctype) &&
+					frm.doc.applicant_type === "Employee"
+				) {
+					frm.set_query("applicant", function() {
+						return {
+							"filters": {
+								"company": frm.doc.company
+							}
+						};
+					});
+				}
 			},
 
 			applicant: function(frm) {