38 SBA loans worth $42.4M went to businesses in Portage, IN between October 2021 and June 2026, from 22 lenders. Huntington National Bank made the most, 5 loans. The median loan was $365,750, compared with $171,000 across Indiana, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 5 | $4.1M | $210,000 | 40% |
| 2 | Byline Bank Bank · Chicago, IL | 3 | $5.2M | $2,400,000 | 67% |
| 3 | Regional Development Certified development company · Valparaiso, IN | 3 | $1.8M | $175,000 | 33% |
| 4 | Centier Bank Bank · Whiting, IN | 3 | $877K | $359,300 | 33% |
| 5 | 1st Source Bank Bank · South Bend, IN | 3 | $641K | $230,300 | 67% |
| 6 | Millennium Bank Bank · Des Plaines, IL | 2 | $10.0M | $5,000,000 | 0% |
| 7 | GBank Bank · Las Vegas, NV | 2 | $6.4M | $3,201,000 | 0% |
| 8 | Shoreham Bank Bank · Warwick, RI | 2 | $3.2M | $1,600,500 | 100% |
| 9 | U.S. Bank Bank · Cincinnati, OH | 2 | $80K | $40,000 | 0% |
| 10 | Premier Capital Certified development company · Indianapolis, IN | 1 | $3.4M | $3,424,000 | 0% |
| 11 | Business Development Corporation (BDC) Certified development company · South Bend, IN | 1 | $1.6M | $1,550,000 | 0% |
| 12 | Indiana Statewide Certified Development Certified development company · Indianapolis, IN | 1 | $927K | $927,000 | 100% |
| 13 | Gulf Coast Bank and Trust Bank · New Orleans, LA | 1 | $824K | $824,400 | 100% |
| 14 | Capitol National Bank Bank · Lansing, MI | 1 | $804K | $804,000 | 100% |
| 15 | Busey Bank Bank · Champaign, IL | 1 | $742K | $742,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 13 | $1,402,000 | GBank | |
| Retail | 5 | $250,000 | Huntington National Bank | |
| Health care and social assistance | 4 | $327,500 | U.S. Bank | |
| Construction | 3 | $106,000 | JPMorgan Chase Bank | |
| Administrative and support services | 2 | $117,500 | Huntington National Bank | |
| Arts, entertainment and recreation | 2 | $483,750 | 1st Source Bank | |
| Manufacturing | 2 | $1,397,500 | Byline Bank | |
| Professional and technical services | 2 | $60,650 | Lendistry SBLC |