SBA by industry · IN
SBA lenders for retail stores in Indiana
73 lenders made 291 SBA loans to retail stores in Indiana in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 46. The typical loan was about $200K.
- Evidence
- SBA 7(a) and 504 loans to retail stores in Indiana, NAICS 44 and 45, excluding gas, convenience and pharmacy
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 73
- SBA FOIA,
- SBA loans, 36 months
- 291
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $163M
- SBA FOIA,
- Last 12 months
- 102
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for retail stores in Indiana, https://lender.report/sba-lenders-for/retail/indiana/, data as of September 30, 2026.
Describe a deal in Indiana
See which lenders made SBA loans to retail stores, at your size and in your state. No account and no form.
Show SBA loans to retail stores in IndianaOn this list? Find your page
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Beer, Wine, and Liquor Retailers | 23 |
| All Other Miscellaneous Retailers | 17 |
| Clothing and Clothing Accessories Retailers | 17 |
| Floor Covering Retailers | 16 |
| Automotive Parts and Accessories Retailers | 13 |
| Used Car Dealers | 13 |
| Vending Machine Operators | 13 |
| Hardware Retailers | 12 |
| All Other General Merchandise Retailers | 11 |
| Florists | 10 |
| Loan size | Loans |
|---|---|
| Under $150K | 120 |
| $150K to $350K | 66 |
| $350K to $1M | 62 |
| $1M to $2.5M | 30 |
| $2.5M or more | 15 |
- SBA lenders recorded 291 loans to retail stores totaling $162.9M in Indiana in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $200K, with the middle half between $75K and $580K. SBA FOIA,
- 273 were SBA 7(a) loans and 20 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 10.00% on 273 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 261 of the loans, credit unions 17, and non-banks 14. SBA FOIA,
- The five most active lenders made 34.0% of the loans. SBA FOIA,
- The three most active lenders were The Huntington National Bank with 46, First Merchants Bank with 19, and 1st Source Bank with 14. SBA FOIA,
- 120 of the loans were under $150K, and 45 were $1M or more. SBA FOIA,
- The SBA file shows 102 approvals of these loans dated in the 12 months to September 30, 2026, versus 87 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 32 of the 73 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, California and Illinois. SBA FOIA,
- The most common detailed industry in Indiana was Beer, Wine, and Liquor Retailers, with 23 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to retail stores 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 44 and 45, excluding gas, convenience and pharmacy.
- 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.