SBA by industry · IN

SBA lenders for professional services firms in Indiana

55 lenders made 272 SBA loans to professional services firms in Indiana in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 62. The typical loan was about $150K.

Evidence
SBA 7(a) and 504 loans to professional services firms in Indiana, NAICS 54, excluding veterinary
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
55
SBA FOIA,
SBA loans, 36 months
272
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$106M
SBA FOIA,
Last 12 months
68
SBA FOIA,

Cite this

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

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SBA lenders for professional services firms in Indiana. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 55.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH62$16.2M6209
Centier Bank SBA 7(a) recordBankWhiting, IN17$3.60M1528
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ12$1.25M1201
Citizens State Bank of New Castle, Indiana SBA 7(a) recordBankNew Castle, IN11$4.89M1101
First Merchants Bank SBA 7(a) recordBankMuncie, IN11$2.43M832
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH10$1.82M1003
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL10$1.18M1000
1st Source Bank SBA 7(a) recordBankSouth Bend, IN9$3.13M812
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL9$1.75M905
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH8$8.74M802
Horizon Bank SBA 7(a) recordBankMichigan City, IN8$6.03M800
STAR Financial Bank SBA 7(a) recordBankFort Wayne, IN8$810K800
KeyBank National Association SBA 7(a) recordBankCleveland, OH7$1.74M703
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC6$8.61M603
Old National Bank SBA 7(a) recordBankEvansville, IN6$6.80M601
Merchants Bank of Indiana SBA 7(a) recordBankCarmel, IN6$1.79M511
Lendistry SBLC, LLC SBA 7(a) recordNon-bankLos Angeles, CA6$940K601
Northeast Bank SBA 7(a) recordBankPortland, ME5$694K500
PNC Bank, National Association SBA 7(a) recordBankWilmington, DE5$310K410
Community First Bank of Indiana SBA 7(a) recordBankKokomo, IN4$1.44M400
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH4$864K403
Flagship Enterprise Center, Inc. (dba Bankable) SBA 7(a) recordNon-bankAnderson, IN4$440K401
Stock Yards Bank & Trust Company SBA 7(a) recordBankLouisville, KY3$5.42M302
Heritage Credit Union SBA 7(a) recordCredit unionNewburgh, IN3$2.17M300
First Bank of the Lake SBA 7(a) recordBankOsage Beach, MO2$5.15M200
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
All Other Professional, Scientific, and Technical Services35
Offices of Certified Public Accountants24
Offices of Lawyers24
Administrative Management and General Management Consulting Services21
Custom Computer Programming Services17
Advertising Agencies13
Interior Design Services13
Engineering Services10
Marketing Consulting Services10
Computer Systems Design Services9
SBA FOIA,
SBA loans for professional services firms in Indiana, by size
Loan sizeLoans
Under $150K130
$150K to $350K72
$350K to $1M48
$1M to $2.5M15
$2.5M or more9
SBA FOIA,
  • SBA lenders recorded 272 loans to professional services firms totaling $105.9M in Indiana in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $150K, with the middle half between $50K and $350K. SBA FOIA,
  • 259 were SBA 7(a) loans and 15 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 259 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 240 of the loans, credit unions 8, and non-banks 24. SBA FOIA,
  • The five most active lenders made 41.5% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 62, Centier Bank with 17, and Readycap Lending, LLC with 12. SBA FOIA,
  • 130 of the loans were under $150K, and 24 were $1M or more. SBA FOIA,
  • The SBA file shows 68 approvals of these loans dated in the 12 months to September 30, 2026, versus 111 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 20 of the 55 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Illinois and California. SBA FOIA,
  • The most common detailed industry in Indiana was All Other Professional, Scientific, and Technical Services, with 35 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to professional services firms 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 54, excluding veterinary.
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.