SBA by industry · IN

SBA lenders for landscaping companies in Indiana

27 lenders made 70 SBA loans to landscaping companies in Indiana in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 12. The typical loan was about $110K.

Evidence
SBA 7(a) and 504 loans to landscaping companies in Indiana, NAICS 56173
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
27
SBA FOIA,
SBA loans, 36 months
70
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$25.8M
SBA FOIA,
Last 12 months
21
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for landscaping companies in Indiana, https://lender.report/sba-lenders-for/landscaping/indiana/, data as of September 30, 2026.

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SBA lenders for landscaping companies in Indiana. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 27.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH12$2.33M1201
1st Source Bank SBA 7(a) recordBankSouth Bend, IN10$1.57M1002
Old National Bank SBA 7(a) recordBankEvansville, IN5$5.59M503
First Bank Midwest SBA 7(a) recordBankFrankfort, IN4$5.41M400
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL3$645K301
Centier Bank SBA 7(a) recordBankWhiting, IN3$504K302
United Credit Union SBA 7(a) recordCredit unionSt Joseph, MI2$920K202
Northeast Bank SBA 7(a) recordBankPortland, ME2$350K201
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH2$300K201
Financial Center First Credit Union SBA 7(a) recordCredit unionIndianapolis, IN2$235K200
Heritage Credit Union SBA 7(a) recordCredit unionNewburgh, IN2$229K200
Flagship Enterprise Center, Inc. (dba Bankable) SBA 7(a) recordNon-bankAnderson, IN2$190K201
First Merchants Bank SBA 7(a) recordBankMuncie, IN2$100K200
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH2$90.0K201
KeyBank National Association SBA 7(a) recordBankCleveland, OH2$25.0K200
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH1$1.30M101
Pathward, National Association SBA 7(a) recordBankSioux Falls, SD1$1.10M101
Citizens State Bank of New Castle, Indiana SBA 7(a) recordBankNew Castle, IN1$990K101
Merchants Bank of Indiana SBA 7(a) recordBankCarmel, IN1$500K100
First Business Bank SBA 7(a) recordBankMadison, WI1$490K100
American Community Bank of Indiana SBA 7(a) recordBankSaint John, IN1$280K100
Capital Bank, National Association SBA 7(a) recordBankRockville, MD1$220K101
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ1$200K100
Lendistry SBLC, LLC SBA 7(a) recordNon-bankLos Angeles, CA1$170K101
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL1$150K100
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Indiana
IndustryLoans
Landscaping Services70
SBA FOIA,
SBA loans for landscaping companies in Indiana, by size
Loan sizeLoans
Under $150K37
$150K to $350K15
$350K to $1M10
$1M to $2.5M3
$2.5M or more2
SBA FOIA,
  • SBA lenders recorded 70 loans to landscaping companies totaling $25.8M in Indiana in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $110K, with the middle half between $50K and $300K. SBA FOIA,
  • 67 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 9.75% on 67 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 57 of the loans, credit unions 6, and non-banks 4. SBA FOIA,
  • The five most active lenders made 48.6% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 12, 1st Source Bank with 10, and Old National Bank with 5. SBA FOIA,
  • 37 of the loans were under $150K, and 5 were $1M or more. SBA FOIA,
  • 3 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 21 approvals of these loans dated in the 12 months to September 30, 2026, versus 23 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 13 of the 27 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Florida and California. SBA FOIA,
  • The most common detailed industry in Indiana was Landscaping Services, with 70 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to landscaping companies 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 56173.
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.