32 SBA loans worth $16.6M went to businesses in Gary, IN between October 2021 and June 2026, from 18 lenders. Centier Bank made the most, 7 loans. The median loan was $190,000, compared with $171,000 across Indiana, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Centier Bank Bank · Whiting, IN | 7 | $2.5M | $250,000 | 0% |
| 2 | 1st Source Bank Bank · South Bend, IN | 4 | $680K | $73,500 | 25% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 3 | $51K | $16,000 | 0% |
| 4 | Midland States Bank Bank · Effingham, IL | 2 | $2.9M | $1,460,350 | 0% |
| 5 | Newtek Bank Bank · Miami, FL | 2 | $380K | $190,000 | 0% |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $60K | $30,250 | 0% |
| 7 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 1 | $3.8M | $3,813,000 | 0% |
| 8 | Shoreham Bank Bank · Warwick, RI | 1 | $2.1M | $2,100,000 | 0% |
| 9 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $1.8M | $1,802,500 | 0% |
| 10 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $630K | $630,000 | 0% |
| 11 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $400K | $400,000 | 0% |
| 12 | Horizon Bank Bank · Michigan City, IN | 1 | $375K | $375,000 | 100% |
| 13 | Fifth Third Bank Bank · Cincinnati, OH | 1 | $350K | $350,000 | 100% |
| 14 | Regional Development Certified development company · Valparaiso, IN | 1 | $228K | $228,000 | 0% |
| 15 | Peoples Bank Bank · Munster, IN | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 7 | $50,000 | Centier Bank | |
| Manufacturing | 5 | $228,000 | 1st Source Bank | |
| Other services (repair, personal care) | 4 | $250,000 | JPMorgan Chase Bank | |
| Administrative and support services | 3 | $250,000 | Midland States Bank | |
| Construction | 3 | $25,000 | U.S. Bank | |
| Restaurants and hotels | 3 | $375,000 | Fifth Third Bank | |
| Retail | 3 | $167,200 | Centier Bank | |
| Transportation and warehousing | 2 | $919,550 | Enterprise Bank & Trust |