SBADecoded
Home / Lenders / Flagship Enterprise Center, Inc. (dba Bankable)

Lender · SBA 7(a) record

Flagship Enterprise Center, Inc. (dba Bankable)

IN · lends in 1 state · 159 SBA loans since 2010, 62 in the last five years.

Practical minimum
$51k
5th percentile, last 5 years
Typical loan
$150k
median, last 5 years
Median rate
P+3.97
variable-rate loans only
Typical term
7 yr
Recent volume
$10.4M
last 5 fiscal years

How fast they approve. Flagship Enterprise Center, Inc. (dba Bankable) made 63% of its recent SBA 7(a) loans under Preferred Lender (PLP) authority — it can approve them in-house without sending your file to the SBA to re-underwrite, which is the biggest single driver of how fast a loan closes. Why approval speed comes down to the lender.

What stands out about Flagship Enterprise Center, Inc. (dba Bankable)

vs every other SBA lender

It leans into one industry. 13% of Flagship Enterprise Center, Inc. (dba Bankable)'s loans go to fitness and recreational sports centers — roughly 4× the share you would expect, so it clearly knows that business.

Flagship Enterprise Center, Inc. (dba Bankable) lives at the small end. Its median loan is just $150k, well under the $347k typical of SBA lenders — one of the banks genuinely willing to write small.

Regional, not national. 100% of Flagship Enterprise Center, Inc. (dba Bankable)'s recent SBA lending is in Indiana. A borrower outside Indiana is not its usual customer.

This read is built from 62 funded 7(a) loans over the last five fiscal years; outside its core states the sample thins out, so weigh the rest accordingly.

Will they talk to you?

loan sizes funded
Under $150k
58%
$150k – $350k
42%
$350k – $750k
0%
$750k – $2M
0%
Over $2M
0%

The spread of loan sizes tells you where this lender is comfortable. Ask for something far outside it and expect friction.

Do they fund businesses like yours?

last 5 years
Full-Service Restaurants
6%
Limited-Service Restaurants
6%
Beauty Salons
5%
Fitness and Recreational Sports Centers
5%
Janitorial Services
3%
Everything else
74%

A lender who already knows your industry asks better questions and closes faster. One who doesn't will treat your file as an education.

Middle of the road on risk

1.62% charged off, close to the 2.11% across all SBA lending. Neither unusually tight nor unusually loose.

What rate people got

median markup over prime

The median borrower here paid prime + 3.97%. Compare that against what you have been quoted — the markup is the negotiable part, and most borrowers never try.

Work out what that costs you →

Their loans, year by year

cumulative % of dollars charged off

Not enough history yet to build a triangle.

Each row is one year's lending. Read down a column to compare years at the same age — that is the only fair comparison, because losses take three to five years to appear and a fast-growing lender always looks clean on a raw average.

Source SBA 7(a) FOIAReleased 2026-06-30 Loans judged 84 Measured at 5 years

What this page cannot tell you

Federal records show what was approved, not how long it took, how the bank communicated, or whether your loan officer returned calls. Ask any lender directly: are you a preferred lender, how many deals like mine did you close last year, and who underwrites it.

Check your eligibility first → Decode what they say to you →

Lenders worth comparing against this one

Picked for writing loans of a similar size in similar places.

Common questions

Does Flagship Enterprise Center, Inc. (dba Bankable) make SBA startup and acquisition loans?

Yes — its recent SBA 7(a) record includes 19 startups. If your deal is one of these, it has funded that kind of loan many times before. See how it ranks for your exact deal.

What is the smallest SBA loan Flagship Enterprise Center, Inc. (dba Bankable) will make?

Its practical minimum — the 5th percentile of what it has actually funded — is about $50,750, and the typical (median) Flagship Enterprise Center, Inc. (dba Bankable) loan is $150,000. If your loan is well below its practical minimum, it is unlikely to be interested however strong your file.

What interest rate do Flagship Enterprise Center, Inc. (dba Bankable) SBA borrowers get?

On variable-rate loans, recent Flagship Enterprise Center, Inc. (dba Bankable) borrowers paid a median of prime + 3.97%. The markup over prime is the negotiable part of any SBA quote. Check a rate you have been quoted.

What states does Flagship Enterprise Center, Inc. (dba Bankable) lend in?

Most of Flagship Enterprise Center, Inc. (dba Bankable)'s recent SBA lending is concentrated in Indiana. Compare lenders by state.