Indiana SBA Loan Data
39,000 loans totaling $12.5B across all SBA programs.
Total Loans
39,000
1991–2025
Total Volume
$12.5B
Gross approval amount
Avg Loan Size
$320K
Median: $125K
Avg Interest Rate
6.83%
Default rate: 11.1%
Indiana Loan Status
Active18%
Paid in Full59.2%
Charged Off9.6%
Cancelled11.6%
Committed1.1%
Download State Data
Get the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
Indiana Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in Indiana
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| The Huntington National Bank | 5,372 | $1.0B | $194K | 6.73% | 6.8% |
| KeyBank National Association | 1,107 | $402.0M | $363K | 6.89% | 7.4% |
| Old National Bank | 895 | $344.9M | $385K | 6.06% | 10.1% |
| 1st Source Bank | 2,450 | $344.3M | $141K | 6.62% | 5.0% |
| Byline Bank | 297 | $338.1M | $1.1M | 6.68% | 7.9% |
| Live Oak Banking Company | 247 | $323.4M | $1.3M | 6.98% | 1.4% |
| Wells Fargo Bank National Association | 928 | $319.1M | $344K | 6.51% | 18.1% |
| JPMorgan Chase Bank, National Association | 2,297 | $306.6M | $133K | 7.45% | 14.3% |
| Fifth Third Bank | 1,077 | $267.7M | $249K | 6.58% | 14.4% |
| PNC Bank, National Association | 2,569 | $266.2M | $104K | 7.27% | 19.2% |
| First Financial Bank | 865 | $238.7M | $276K | 5.12% | 7.7% |
| First Merchants Bank | 834 | $224.4M | $269K | 6.98% | 8.8% |
| Horizon Bank | 732 | $218.7M | $299K | 6.22% | 8.6% |
| GBank | 65 | $185.0M | $2.8M | 7.06% | 0.0% |
| First Internet Bank of Indiana | 172 | $176.5M | $1.0M | 7.51% | 2.6% |
| Readycap Lending, LLC | 379 | $163.7M | $432K | 11.26% | 23.8% |
| First Federal Savings Bank | 292 | $161.0M | $551K | 6.14% | 4.8% |
| Centier Bank | 825 | $160.1M | $194K | 6.87% | 7.7% |
| STAR Financial Bank | 937 | $143.0M | $153K | 6.20% | 10.1% |
| Merchants Bank of Indiana | 174 | $134.8M | $774K | 7.33% | 1.3% |
| BMO Bank National Association | 512 | $125.9M | $246K | 5.97% | 12.3% |
| German American Bank | 462 | $119.2M | $258K | 5.59% | 2.2% |
| FIRST MERCHANTS BANK | 192 | $116.3M | $606K | N/A | 1.3% |
| Celtic Bank Corporation | 199 | $114.3M | $574K | 7.26% | 11.3% |
| Millennium Bank | 53 | $112.6M | $2.1M | 6.60% | 0.0% |
Top Counties in Indiana
| County | Loans | Volume▼ |
|---|---|---|
| Marion → | 8,375 | $2.6B |
| Hamilton → | 3,865 | $1.2B |
| Lake → | 2,387 | $788.6M |
| Allen → | 2,353 | $702.3M |
| St Joseph → | 1,886 | $535.0M |
| Elkhart → | 1,156 | $449.3M |
| Hendricks → | 1,393 | $370.4M |
| Porter → | 1,145 | $348.7M |
| Vanderburgh → | 893 | $343.6M |
| Johnson → | 1,370 | $337.0M |
| Tippecanoe → | 877 | $276.2M |
| La Porte → | 793 | $267.6M |
| Boone → | 666 | $229.1M |
| Delaware → | 552 | $196.7M |
| Clark → | 520 | $192.8M |
| Monroe → | 562 | $186.5M |
| Madison → | 697 | $183.5M |
| Bartholomew → | 374 | $164.7M |
| Hancock → | 556 | $158.1M |
| Howard → | 380 | $140.7M |
| Vigo → | 294 | $132.8M |
| Floyd → | 408 | $121.2M |
| Marshall → | 344 | $119.0M |
| Morgan → | 380 | $102.1M |
| Kosciusko → | 336 | $102.0M |
Showing 1–25 of 30
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