Geography · SBA lending record
SBA lenders in Indiana
4,582 SBA 7(a) loans in the last five years, from 201 different lenders. Here is who actually lends here.
Loans, last 5 years
4,582
Lent
$2152.2M
last 5 fiscal years
Active lenders
201
wrote at least one loan
Typical loan
$150k
median approved
Default rate
2.2%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in IN | Typical loan | Typical rate |
|---|---|---|---|
| The Huntington National Bank | 1,060 | $75k | P+2.20 |
| 1st Source Bank | 350 | $80k | P+1.95 |
| Centier Bank | 215 | $146k | P+1.90 |
| First Merchants Bank | 131 | $50k | P+3.36 |
| Old National Bank | 123 | $496k | P+1.15 |
| KeyBank National Association | 107 | $161k | P+2.81 |
| Citizens State Bank of New Castle | 106 | $150k | P+1.98 |
| STAR Financial Bank | 100 | $100k | P+0.98 |
| Live Oak Banking Company | 97 | $550k | P+1.85 |
| Readycap Lending, LLC | 90 | $50k | P+4.85 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Massachusetts · 6,053Minnesota · 5,915North Carolina · 5,453Arizona · 4,645Virginia · 4,085Utah · 4,078Wisconsin · 4,007Maryland · 4,003
States with comparable volume, plus the three largest markets.