SBA by industry · IN
SBA lenders for gyms and fitness businesses in Indiana
41 lenders made 102 SBA loans to gyms and fitness businesses in Indiana in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 14. The typical loan was about $250K.
- Evidence
- SBA 7(a) and 504 loans to gyms and fitness businesses in Indiana, NAICS 7139
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 41
- SBA FOIA,
- SBA loans, 36 months
- 102
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $62.8M
- SBA FOIA,
- Last 12 months
- 27
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for gyms and fitness businesses in Indiana, https://lender.report/sba-lenders-for/gyms-and-fitness/indiana/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 14 | $5.35M | 13 | 1 | 5 |
| Centier Bank SBA 7(a) record | Bank | Whiting, IN | 7 | $1.24M | 7 | 0 | 2 |
| Peoples Bank SBA 7(a) record | Bank | Mendenhall, MS | 6 | $735K | 6 | 0 | 1 |
| Flagship Enterprise Center, Inc. (dba Bankable) SBA 7(a) record | Non-bank | Anderson, IN | 6 | $582K | 6 | 0 | 1 |
| Everwise Credit Union SBA 7(a) record | Credit union | South Bend, IN | 5 | $10.9M | 4 | 1 | 1 |
| Merchants Bank of Indiana SBA 7(a) record | Bank | Carmel, IN | 4 | $6.38M | 3 | 1 | 2 |
| First Internet Bank of Indiana SBA 7(a) record | Bank | Fishers, IN | 3 | $2.33M | 3 | 0 | 0 |
| Heritage Credit Union SBA 7(a) record | Credit union | Newburgh, IN | 3 | $760K | 3 | 0 | 0 |
| Old National Bank SBA 7(a) record | Bank | Evansville, IN | 3 | $680K | 3 | 0 | 2 |
| Lake City Bank SBA 7(a) record | Bank | Warsaw, IN | 3 | $605K | 3 | 0 | 1 |
| Readycap Lending, LLC SBA 7(a) record | Non-bank | Berkeley Heights, NJ | 3 | $410K | 3 | 0 | 0 |
| FWBank SBA 7(a) record | Bank | Chicago, IL | 2 | $5.98M | 2 | 0 | 1 |
| Horizon Bank SBA 7(a) record | Bank | Michigan City, IN | 2 | $2.75M | 1 | 1 | 0 |
| Fulton Bank, National Association SBA 7(a) record | Bank | Lancaster, PA | 2 | $1.90M | 2 | 0 | 2 |
| First Bank of the Lake SBA 7(a) record | Bank | Osage Beach, MO | 2 | $1.37M | 2 | 0 | 1 |
| WesBanco Bank, Inc. SBA 7(a) record | Bank | Wheeling, WV | 2 | $270K | 2 | 0 | 0 |
| 1st Source Bank SBA 7(a) record | Bank | South Bend, IN | 2 | $200K | 2 | 0 | 0 |
| Celtic Bank SBA 7(a) record | Bank | Salt Lake City, UT | 2 | $130K | 2 | 0 | 0 |
| Byline Bank SBA 7(a) record | Bank | Chicago, IL | 1 | $1.70M | 1 | 0 | 0 |
| Centra Credit Union SBA 7(a) record | Credit union | Columbus, IN | 1 | $1.50M | 1 | 0 | 1 |
| Springs Valley Bank & Trust Company | Bank | French Lick, IN | 1 | $1.30M | 1 | 0 | 1 |
| Community State Bank | Bank | Avilla, IN | 1 | $1.00M | 0 | 1 | 0 |
| Stock Yards Bank & Trust Company SBA 7(a) record | Bank | Louisville, KY | 1 | $840K | 1 | 0 | 0 |
| Interra Credit Union | Credit union | Goshen, IN | 1 | $800K | 0 | 1 | 0 |
| KeyBank National Association SBA 7(a) record | Bank | Cleveland, OH | 1 | $710K | 1 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Fitness and Recreational Sports Centers | 60 |
| All Other Amusement and Recreation Industries | 29 |
| Bowling Centers | 8 |
| Golf Courses and Country Clubs | 5 |
| Loan size | Loans |
|---|---|
| Under $150K | 34 |
| $150K to $350K | 23 |
| $350K to $1M | 24 |
| $1M to $2.5M | 9 |
| $2.5M or more | 4 |
- SBA lenders recorded 102 loans to gyms and fitness businesses totaling $62.8M in Indiana in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $250K, with the middle half between $75K and $550K. SBA FOIA,
- 87 were SBA 7(a) loans and 7 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 9.50% on 87 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 73 of the loans, credit unions 11, and non-banks 10. SBA FOIA,
- The five most active lenders made 37.3% of the loans. SBA FOIA,
- The three most active lenders were The Huntington National Bank with 14, Centier Bank with 7, and Flagship Enterprise Center, Inc. (dba Bankable) with 6. SBA FOIA,
- 34 of the loans were under $150K, and 13 were $1M or more. SBA FOIA,
- 8 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
- The SBA file shows 27 approvals of these loans dated in the 12 months to September 30, 2026, versus 40 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 23 of the 41 lenders are based in Indiana. The rest are based elsewhere, most often in Illinois, Ohio and Kentucky. SBA FOIA,
- The most common detailed industry in Indiana was Fitness and Recreational Sports Centers, with 60 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to gyms and fitness businesses in Indiana
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Indiana, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 7139.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.