39 SBA loans worth $16.2M went to businesses in Chesterton, IN between October 2021 and June 2026, from 14 lenders. Centier Bank made the most, 10 loans. The median loan was $166,500, compared with $171,000 across Indiana, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Centier Bank Bank · Whiting, IN | 10 | $1.7M | $101,150 | 20% |
| 2 | 1st Source Bank Bank · South Bend, IN | 9 | $1.1M | $82,500 | 78% |
| 3 | Newtek Bank Bank · Miami, FL | 5 | $6.3M | $500,000 | 80% |
| 4 | Regional Development Certified development company · Valparaiso, IN | 3 | $1.3M | $378,000 | 33% |
| 5 | Live Oak Banking Bank · Wilmington, NC | 2 | $3.1M | $1,557,500 | 50% |
| 6 | Horizon Bank Bank · Michigan City, IN | 2 | $400K | $199,950 | 100% |
| 7 | Small Business Growth Certified development company · Springfield, IL | 1 | $818K | $818,000 | 0% |
| 8 | Union National Bank Bank · Elgin, IL | 1 | $480K | $480,300 | 0% |
| 9 | First Commonwealth Bank Bank · Indiana, PA | 1 | $220K | $220,000 | 100% |
| 10 | North Salem State Bank Bank · North Salem, IN | 1 | $200K | $200,000 | 0% |
| 11 | Business Development Corporation (BDC) Certified development company · South Bend, IN | 1 | $163K | $163,000 | 0% |
| 12 | Northeast Bank Bank · Portland, ME | 1 | $150K | $150,000 | 0% |
| 13 | Colony Bank Bank · Fitzgerald, GA | 1 | $150K | $150,000 | 0% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 9 | $163,000 | Centier Bank | |
| Construction | 5 | $200,000 | 1st Source Bank | |
| Health care and social assistance | 4 | $115,950 | 1st Source Bank | |
| Wholesale trade | 4 | $150,000 | Regional Development | |
| Manufacturing | 4 | $500,000 | Newtek Bank | |
| Other services (repair, personal care) | 4 | $224,950 | Centier Bank | |
| Administrative and support services | 2 | $120,250 | 1st Source Bank | |
| Finance and insurance | 2 | $332,500 | Live Oak Banking |