SBA by industry · IN
SBA lenders for wholesale distributors in Indiana
39 lenders made 99 SBA loans to wholesale distributors in Indiana in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 15. The typical loan was about $250K.
- Evidence
- SBA 7(a) and 504 loans to wholesale distributors in Indiana, NAICS 42
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 39
- SBA FOIA,
- SBA loans, 36 months
- 99
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $70.5M
- SBA FOIA,
- Last 12 months
- 17
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for wholesale distributors in Indiana, https://lender.report/sba-lenders-for/wholesale/indiana/, data as of September 30, 2026.
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Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Other Miscellaneous Nondurable Goods Merchant Wholesalers | 8 |
| Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers | 6 |
| Industrial Machinery and Equipment Merchant Wholesalers | 6 |
| Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers | 5 |
| Furniture Merchant Wholesalers | 4 |
| Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers | 4 |
| Metal Service Centers and Other Metal Merchant Wholesalers | 4 |
| Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers | 4 |
| Recyclable Material Merchant Wholesalers | 4 |
| Motor Vehicle Supplies and New Parts Merchant Wholesalers | 3 |
| Loan size | Loans |
|---|---|
| Under $150K | 29 |
| $150K to $350K | 25 |
| $350K to $1M | 27 |
| $1M to $2.5M | 9 |
| $2.5M or more | 9 |
- SBA lenders recorded 99 loans to wholesale distributors totaling $70.5M 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 $100K and $700K. SBA FOIA,
- 87 were SBA 7(a) loans and 12 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 10.25% on 87 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 94 of the loans, credit unions 3, and non-banks 2. SBA FOIA,
- The five most active lenders made 38.4% of the loans. SBA FOIA,
- The three most active lenders were The Huntington National Bank with 15, First Merchants Bank with 8, and 1st Source Bank with 5. SBA FOIA,
- 29 of the loans were under $150K, and 18 were $1M or more. SBA FOIA,
- The SBA file shows 17 approvals of these loans dated in the 12 months to September 30, 2026, versus 42 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 18 of the 39 lenders are based in Indiana. The rest are based elsewhere, most often in Ohio, Florida and Illinois. SBA FOIA,
- The most common detailed industry in Indiana was Other Miscellaneous Nondurable Goods Merchant Wholesalers, with 8 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to wholesale distributors 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 42.
- 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.