SBA lending data · fiscal year 2025

14 lenders funded beauty salons in Indiana last year

18 SBA 7(a) loans approved under NAICS 812112. Median approval $150,000, median term 120 months, median initial rate 10%.

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What was actually approved

18
loans approved
14
distinct lenders
$89k
25th percentile
$332k
75th percentile

Half of all approvals in this industry and state fell between $88,550 and $331,525. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.

The most active lenders

Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.

  1. 1The Huntington National Bank3 loans · $0.4M
  2. 2Old National Bank2 loans · $0.3M
  3. 3Mission Valley Bank2 loans · $1.8M
  4. 4Paragon Bank1 loan · $0.9M
  5. 5Northeast Bank1 loan · $0.2M
  6. 6Peoples Bank1 loan · $0.1M
  7. 7KeyBank National Association1 loan · $0M
  8. 8CRF Small Business Loan Company, LLC1 loan · $0.3M
  9. 9First Harrison Bank1 loan · $0.3M
  10. 10BayFirst National Bank1 loan · $0.1M
  11. 11Lake City Bank1 loan · $0.1M
  12. 12Lendistry SBLC, LLC1 loan · $0.2M

This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.

Is this industry getting easier or harder to finance?

Fiscal yearLoansLendersMedian approval
FY20231711$50,000
FY20242915$75,000
FY20251814$150,000

Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.

Where this comes from

The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.

This page reports approvals. It says nothing about how many applications 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 industries in Indiana

Beauty Salons in other states

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