Indiana SBA Loan Data
39,000 loans totaling $12.5B across all SBA programs.
Total Loans
39,000
1992–2025
Total Volume
$12.5B
Gross approval amount
Avg Loan Size
$320K
Median: $125K
Avg Interest Rate
6.83%
Default rate: 11.1%
SBA Lending by County
Click any county to explore its loan data. Showing: Total Volume
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Counties in Indiana
| Marion → | 8,375 | $2.6B | $309K |
| Hamilton → | 3,865 | $1.2B | $317K |
| Lake → | 2,387 | $788.6M | $330K |
| Allen → | 2,353 | $702.3M | $298K |
| St Joseph → | 1,886 | $535.0M | $284K |
| Elkhart → | 1,156 | $449.3M | $389K |
| Hendricks → | 1,393 | $370.4M | $266K |
| Porter → | 1,145 | $348.7M | $305K |
| Vanderburgh → | 893 | $343.6M | $385K |
| Johnson → | 1,370 | $337.0M | $246K |
| Tippecanoe → | 877 | $276.2M | $315K |
| La Porte → | 793 | $267.6M | $337K |
| Boone → | 665 | $229.1M | $344K |
| Delaware → | 552 | $196.7M | $356K |
| Clark → | 520 | $192.8M | $371K |
| Monroe → | 562 | $186.5M | $332K |
| Madison → | 697 | $183.5M | $263K |
| Bartholomew → | 374 | $164.7M | $440K |
| Hancock → | 556 | $158.1M | $284K |
| Howard → | 380 | $140.7M | $370K |
| Vigo → | 294 | $132.8M | $452K |
| Floyd → | 408 | $121.2M | $297K |
| Marshall → | 344 | $119.0M | $346K |
| Morgan → | 380 | $102.1M | $269K |
| Kosciusko → | 336 | $102.0M | $304K |
Showing 1–25 of 92
Indiana Loan Status
Indiana Loan Status showing Active: 18%, Paid in Full: 59.2%, Charged Off: 9.6%, Cancelled: 12%, Committed: 1.1%
Active18%
Paid in Full59.2%
Charged Off9.6%
Cancelled12%
Committed1.1%
Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.
Indiana Annual Lending Volume
Indiana Annual Lending Volume from 1992 to 2025
Number of Loans per Year
Number of Loans per Year from 1992 to 2025
Top Industries
Top Industries with 12 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Top Lenders in Indiana
| The Huntington National Bank | 5,421 | $1.1B | $198K | 6.73% | 6.7% |
| 1st Source Bank | 2,612 | $427.1M | $164K | 6.62% | 4.8% |
| Old National Bank | 989 | $425.5M | $430K | 6.06% | 9.3% |
| KeyBank National Association | 1,117 | $406.0M | $363K | 6.89% | 7.3% |
| JPMorgan Chase Bank, National Association | 2,392 | $352.8M | $148K | 7.45% | 13.8% |
| Byline Bank | 300 | $341.9M | $1.1M | 6.68% | 7.8% |
| First Merchants Bank | 1,026 | $340.7M | $332K | 6.98% | 7.5% |
| Live Oak Banking Company | 249 | $328.0M | $1.3M | 6.98% | 1.4% |
| Wells Fargo Bank National Association | 933 | $323.8M | $347K | 6.51% | 18.0% |
| Fifth Third Bank | 1,115 | $289.4M | $260K | 6.58% | 13.9% |
| PNC Bank, National Association | 2,610 | $284.7M | $109K | 7.27% | 18.9% |
| First Financial Bank | 917 | $265.5M | $290K | 5.12% | 7.6% |
| Horizon Bank | 819 | $262.9M | $321K | 6.22% | 7.7% |
| Centier Bank | 992 | $260.7M | $263K | 6.87% | 6.4% |
| First Internet Bank of Indiana | 195 | $200.1M | $1.0M | 7.51% | 2.3% |
| GBank | 65 | $185.0M | $2.8M | 7.06% | 0.0% |
| First Federal Savings Bank | 342 | $181.8M | $532K | 6.14% | 4.5% |
| STAR Financial Bank | 1,001 | $178.7M | $179K | 6.20% | 9.6% |
| German American Bank | 561 | $175.2M | $312K | 5.59% | 2.2% |
| Readycap Lending, LLC | 379 | $163.7M | $432K | 11.26% | 23.8% |
| Lake City Bank | 482 | $158.3M | $328K | 6.20% | 1.2% |
| BMO Bank National Association | 540 | $150.2M | $278K | 5.97% | 11.9% |
| Merchants Bank of Indiana | 186 | $149.4M | $803K | 7.33% | 1.2% |
| Regions Bank | 309 | $128.1M | $415K | 6.29% | 7.1% |
| Celtic Bank Corporation | 203 | $125.9M | $620K | 7.26% | 11.2% |
Get the Data
Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
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