1,239 SBA 7(a) loans were approved in Indiana last year

$565M in approvals across 18 industry sectors in fiscal year 2025. Below: which sectors got funded, how much a typical approval was, and how long the lenders wrote the paper for.

Build a plan for Indiana — free preview$299 one time. Your plan cites this data for your own industry.

What got funded, by sector

Every approved 7(a) loan carries an industry code. Grouped at the sector level, this is where Indiana's SBA money went in FY2025.

SectorLoansLendersMedian approvalMedian term
Construction18350$150,000120 mo
Accommodation and food services14753$300,000120 mo
Professional, scientific and technical services12637$150,000120 mo
Other services (except public administration)11045$150,000120 mo
Manufacturing10823$300,000120 mo
Retail trade10724$250,000120 mo
Health care and social assistance10627$150,000120 mo
Transportation and warehousing9420$70,500120 mo
Administrative, support and waste management services8632$150,000120 mo
Arts, entertainment and recreation4424$187,500120 mo
Wholesale trade3921$174,000120 mo
Finance and insurance3519$233,700120 mo
Real estate, rental and leasing2015$150,000120 mo
Agriculture, forestry, fishing and hunting139$150,000120 mo
Educational services106$145,000120 mo
Information54$253,000120 mo
Management of companies and enterprises42$770,000124 mo
Utilities22$125,000120 mo

Medians are per sector and are not averaged together — a median cannot be added up. Sector counts partition the year: they sum to the 1,239 approvals above, with no loan counted twice.

Indiana industries in detail

Where the data is thick enough to name lenders and show the spread of approvals, there is a page for the industry itself.

Lenders active across Indiana

These names come up at the top of several sectors in Indiana. It is a picture of who is lending here — not a ranking: the published file lists the leading lenders of each sector, so a bank strong in one single sector can be missing from this view.

The Huntington National Bank19 sectorsNortheast Bank13 sectors1st Source Bank11 sectorsFirst Merchants Bank15 sectorsNewtek Bank, National Association12 sectorsCentier Bank10 sectorsReadycap Lending, LLC10 sectorsSTAR Financial Bank7 sectorsKeyBank National Association7 sectorsBayFirst National Bank7 sectorsHorizon Bank7 sectorsFlagship Enterprise Center, Inc. (dba Bankable)6 sectors

Where this comes from

U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), as published on 2026-06-30. Fiscal year 2025 is the last complete one; the year in progress is excluded so the figures do not move under you. All our sources.

This page reports approvals. It says nothing about applications that were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other states

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Every plan we build pulls this data for your own state and industry, positions your request against what actually got approved, and computes the coverage ratio your deal is held to — before you pay.

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