SBA by industry · IN

SBA lenders for senior care businesses in Indiana

9 lenders made 26 SBA loans to senior care businesses in Indiana in the 36 months ending September 30, 2026. Live Oak Banking Company made the most, with 6. The typical loan was about $200K.

Evidence
SBA 7(a) and 504 loans to senior care businesses in Indiana, NAICS 623 and 62412
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
9
SBA FOIA,
SBA loans, 36 months
26
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$21.9M
SBA FOIA,
Last 12 months
1
SBA FOIA,

Cite this

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

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SBA lenders for senior care businesses in Indiana. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order.
LenderKindBased inLoansDollars7(a)504Last 12 months
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC6$8.55M600
The Huntington National Bank SBA 7(a) recordBankColumbus, OH6$782K600
Stock Yards Bank & Trust Company SBA 7(a) recordBankLouisville, KY2$2.39M200
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH2$300K201
1st Source Bank SBA 7(a) recordBankSouth Bend, IN2$245K200
Bank Five Nine SBA 7(a) recordBankOconomowoc, WI1$750K100
First Bank Midwest SBA 7(a) recordBankFrankfort, IN1$300K100
Lake City Bank SBA 7(a) recordBankWarsaw, IN1$200K100
Northeast Bank SBA 7(a) recordBankPortland, ME1$50.0K100
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
Services for the Elderly and Persons with Disabilities12
Assisted Living Facilities for the Elderly11
Other Residential Care Facilities2
Residential Mental Health and Substance Abuse Facilities1
SBA FOIA,
SBA loans for senior care businesses in Indiana, by size
Loan sizeLoans
Under $150K5
$150K to $350K10
$350K to $1M2
$1M to $2.5M5
$2.5M or more0
SBA FOIA,
  • SBA lenders recorded 26 loans to senior care businesses totaling $21.9M 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 $150K and $750K. SBA FOIA,
  • 22 were SBA 7(a) loans and 0 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 22 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 22 of the loans, credit unions 0, and non-banks 0. SBA FOIA,
  • The three most active lenders were Live Oak Banking Company with 6, The Huntington National Bank with 6, and 1st Source Bank with 2. SBA FOIA,
  • 5 of the loans were under $150K, and 5 were $1M or more. SBA FOIA,
  • 4 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 1 approvals of these loans dated in the 12 months to September 30, 2026, versus 7 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 3 of the 9 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Kentucky and Maine. SBA FOIA,
  • The most common detailed industry in Indiana was Services for the Elderly and Persons with Disabilities, with 12 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to senior care 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 623 and 62412.
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.