66 SBA loans worth $23.0M went to businesses in Muncie, IN between October 2021 and June 2026, from 18 lenders. STAR Financial Bank made the most, 13 loans. The median loan was $125,000, 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 | STAR Financial Bank Bank · Fort Wayne, IN | 13 | $2.7M | $75,000 | 15% |
| 2 | First Merchants Bank Bank · Muncie, IN | 9 | $626K | $50,000 | 0% |
| 3 | Old National Bank Bank · Evansville, IN | 6 | $2.4M | $115,000 | 33% |
| 4 | Northwest Bank Bank · Warren, PA | 6 | $1.4M | $200,000 | 83% |
| 5 | Indiana Statewide Certified Development Certified development company · Indianapolis, IN | 5 | $2.4M | $336,000 | 0% |
| 6 | Huntington National Bank Bank · Columbus, OH | 4 | $1.4M | $222,500 | 100% |
| 7 | Northeast Bank Bank · Portland, ME | 4 | $790K | $203,200 | 0% |
| 8 | Newtek Bank Bank · Miami, FL | 3 | $750K | $250,000 | 0% |
| 9 | Flagship Enterprise Center, Inc. (dba Bankable) Non-bank lender · Anderson, IN | 3 | $614K | $229,000 | 67% |
| 10 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $225K | $50,000 | 0% |
| 11 | Shoreham Bank Bank · Warwick, RI | 2 | $6.1M | $3,070,000 | 50% |
| 12 | Citizens State Bank of New Castle Bank · New Castle, IN | 2 | $337K | $168,350 | 100% |
| 13 | Citizens Bank Bank · Mooresville, IN | 1 | $2.7M | $2,705,000 | 0% |
| 14 | MVB Bank Bank · Fairmont, WV | 1 | $297K | $297,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $120K | $120,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 12 | $90,000 | Old National Bank | |
| Other services (repair, personal care) | 10 | $68,700 | STAR Financial Bank | |
| Construction | 9 | $150,000 | STAR Financial Bank | |
| Restaurants and hotels | 6 | $200,000 | Shoreham Bank | |
| Retail | 6 | $210,000 | Old National Bank | |
| Manufacturing | 5 | $75,000 | Indiana Statewide Certified Development | |
| Administrative and support services | 4 | $155,000 | STAR Financial Bank | |
| Arts, entertainment and recreation | 4 | $247,500 | Huntington National Bank |