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.
Who lends here most
last 5 fiscal years| Lender | Loans in IN | Typical loan | Median 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.
SBA 504 lending in Indiana
504 FOIA recordA 504 loan pairs a bank first mortgage with a fixed-rate second through a Certified Development Company — used mostly for owner-occupied property and heavy equipment. Here is who runs 504 deals in Indiana, and how they have performed.
CDCs most active in Indiana
- Premier Capital Corporation — 747 loans
- Indiana Statewide Certified Development Corporation — 736 loans
- Regional Development Company — 474 loans
- Business Development Corporation (BDC) — 325 loans
- Community Development Corporation of Fort Wayne — 219 loans
- Small Business Growth Corporation — 50 loans
Most-financed here: Full-Service Restaurants, Offices of Physicians, Offices of Lawyers, General Automotive Repair.
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SBA lending in other states
States with comparable volume, plus the three largest markets.