91 SBA loans worth $68.4M went to businesses in Elkhart, IN between October 2021 and June 2026, from 31 lenders. 1st Source Bank made the most, 21 loans. The median loan was $250,000, compared with $171,000 across Indiana, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | 1st Source Bank Bank · South Bend, IN | 21 | $4.0M | $90,000 | 57% |
| 2 | Business Development Corporation (BDC) Certified development company · South Bend, IN | 9 | $6.0M | $575,000 | 33% |
| 3 | Centier Bank Bank · Whiting, IN | 5 | $818K | $195,800 | 40% |
| 4 | Millennium Bank Bank · Des Plaines, IL | 4 | $8.9M | $2,047,600 | 0% |
| 5 | Old National Bank Bank · Evansville, IN | 4 | $5.6M | $788,650 | 100% |
| 6 | Community Development Corporation of Fort Wayne Certified development company · Fort Wayne, IN | 4 | $1.6M | $425,000 | 25% |
| 7 | Northeast Bank Bank · Portland, ME | 4 | $350K | $86,050 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 3 | $8.1M | $2,600,000 | 0% |
| 9 | GBank Bank · Las Vegas, NV | 3 | $7.9M | $2,860,000 | 0% |
| 10 | Everwise Credit Union Credit union · South Bend, IN | 3 | $7.1M | $2,602,000 | 0% |
| 11 | Byline Bank Bank · Chicago, IL | 3 | $3.5M | $500,000 | 100% |
| 12 | First State Bank of Middlebury Bank · Middlebury, IN | 3 | $1.8M | $365,000 | 0% |
| 13 | KeyBank Bank · Cleveland, OH | 3 | $949K | $45,000 | 0% |
| 14 | Fifth Third Bank Bank · Cincinnati, OH | 2 | $985K | $492,550 | 100% |
| 15 | Northwest Bank Bank · Warren, PA | 2 | $350K | $175,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 17 | $365,000 | 1st Source Bank | |
| Other services (repair, personal care) | 14 | $109,250 | 1st Source Bank | |
| Retail | 14 | $225,000 | Old National Bank | |
| Restaurants and hotels | 13 | $1,350,000 | Millennium Bank | |
| Wholesale trade | 8 | $175,000 | Business Development Corporation (BDC) | |
| Construction | 7 | $292,500 | Byline Bank | |
| Arts, entertainment and recreation | 5 | $575,000 | 1st Source Bank | |
| Real estate and rental | 3 | $892,500 | Community Development Corporation of Fort Wayne |