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SBA lenders in Indianapolis, IN

SBA 7(a) and 504 loans to businesses in Indianapolis (Marion County), October 2021 to June 30, 2026 · Updated October 15, 2026
1,282
SBA loans approved
$628.6M
Total approved
$150,000
Median loan
95
Lenders active
29%
To startups

1,282 SBA loans worth $628.6M went to businesses in Indianapolis, IN between October 2021 and June 2026, from 95 lenders. Huntington National Bank made the most, 491 loans. The median loan was $150,000, compared with $171,000 across Indiana, and professional and technical services was the most financed industry.

Most active SBA lenders in Indianapolis

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
491$95.7M$63,80031%
2Indiana Statewide Certified Development
Certified development company · Indianapolis, IN
60$64.0M$702,50013%
3Premier Capital
Certified development company · Indianapolis, IN
42$37.0M$636,5007%
4KeyBank
Bank · Cleveland, OH
40$26.2M$350,00060%
5Merchants Bank of Indiana
Bank · Carmel, IN
39$26.2M$460,00031%
6Old National Bank
Bank · Evansville, IN
37$37.4M$500,00016%
7Newtek Bank
Bank · Miami, FL
32$10.4M$112,50025%
8Citizens State Bank of New Castle
Bank · New Castle, IN
31$6.7M$125,00039%
9Northeast Bank
Bank · Portland, ME
29$3.8M$100,00010%
10First Internet Bank of Indiana
Bank · Fishers, IN
25$35.0M$865,00040%
11STAR Financial Bank
Bank · Fort Wayne, IN
25$10.3M$409,30020%
12PNC Bank
Bank · Wilmington, DE
25$5.6M$50,00032%
13Live Oak Banking
Bank · Wilmington, NC
24$20.7M$432,50012%
14JPMorgan Chase Bank
Bank · Columbus, OH
24$3.7M$100,0004%
15Readycap Lending
Non-bank lender · Berkeley Heights, NJ
21$5.3M$100,00010%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Indianapolis. For 504 loans the lender shown is the certified development company.

What gets financed in Indianapolis

IndustryLoansShareMedian loanMost active lender
Professional and technical services174
14%
$150,000Huntington National Bank
Construction164
13%
$150,000Huntington National Bank
Transportation and warehousing157
12%
$70,000Huntington National Bank
Restaurants and hotels132
10%
$347,500Huntington National Bank
Other services (repair, personal care)125
10%
$125,000Huntington National Bank
Health care and social assistance111
9%
$111,000Huntington National Bank
Retail109
9%
$292,000Huntington National Bank
Administrative and support services77
6%
$100,000Huntington National Bank
Loan size mix
  • Under $150,00047%
  • $150,000 to $500,00028%
  • $500,000 to $2 million18%
  • $2 million and up6%
Compared with Indiana
Median loan, Indianapolis
$150,000
Median loan, Indiana
$171,000
Startup share, Indianapolis
29%
Startup share, Indiana
35%
Share of state's SBA loans
20.8%

SBA loans per fiscal year in Indianapolis

0133267400FY14: 321 loansFY14FY15: 296 loansFY15FY16: 348 loansFY16FY17: 316 loansFY17FY18: 359 loansFY18359FY19: 243 loansFY19FY20: 234 loansFY20FY21: 283 loansFY21FY22: 256 loansFY22FY23: 298 loansFY23FY24: 313 loansFY24FY25: 264 loansFY25FY26 (Oct to Jun): 151 loansFY26151
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.