SBA 7(a) loans in Indiana
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
3,094loans approved
$150,000median loan
$51K–$449Kmiddle half of loans
$1.5Btotal approved
10%median initial rate
10 yrsmedian term
The median Indiana loan is 14% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| General Freight Trucking, Long-Distance, Truckload (484121) | 138 | $66,900 |
| Full-Service Restaurants (722511) | 132 | $219,500 |
| Limited-Service Restaurants (722513) | 124 | $326,500 |
| Hotels (except Casino Hotels) and Motels (721110) | 71 | $3,108,000 |
| Residential Remodelers (236118) | 68 | $108,500 |
| Landscaping Services (561730) | 67 | $108,000 |
| All Other Specialty Trade Contractors (238990) | 67 | $211,000 |
| Fitness and Recreational Sports Centers (713940) | 55 | $220,000 |
| Beauty Salons (812112) | 54 | $99,600 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 53 | $200,000 |
Most active lenders in Indiana
| Lender | Loans | Median | Total |
|---|---|---|---|
| The Huntington National Bank | 638 | $79,450 | $163.1M |
| 1st Source Bank | 183 | $75,000 | $47.7M |
| Centier Bank | 126 | $129,200 | $37.6M |
| First Merchants Bank | 115 | $50,000 | $21.3M |
| Old National Bank | 82 | $389,750 | $69.6M |
| Readycap Lending, LLC | 80 | $50,000 | $24.7M |
| Northeast Bank | 77 | $125,000 | $10.9M |
| Star Financial Bank | 74 | $100,000 | $12.9M |
| Citizens State Bank of New Castle | 72 | $150,000 | $24.9M |
| Newtek Bank, National Association | 70 | $200,000 | $28.8M |
SBA 504 loans in Indiana
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
329504 loans approved
$625,000median CDC portion
$350.4Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Indiana
| Lender | Loans | Median | Total |
|---|---|---|---|
| Indiana Statewide Certified Development Corporation | 127 | $742,000 | $155.7M |
| Premier Capital Corporation | 77 | $708,000 | $83.4M |
| Regional Development Company | 47 | $493,000 | $34.8M |
| Business Development Corporation (Bdc) | 32 | $325,500 | $17.8M |
| Community Development Corporation of Fort Wayne | 26 | $519,000 | $21.4M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.