States › Indiana › Bartholomew County
County19th of 92 in Indiana by approvalsFIPS 18005
SBA loans in Bartholomew County, Indiana
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 73 loans to businesses in Bartholomew County, Indiana, in FY2021 to FY2025, worth $57.6M: 61 under 7(a) and 12 under 504.
That is 37.4 approvals per 1,000 business establishments (1,950 establishments in 2023), close to the Indiana figure of 43.6 and close to the national 41.0.
It ranks 19th of 92 Indiana counties with approvals. In FY2025 there were 21, up 110% on FY2024.
30 lenders had approvals here; the most active were First Financial Bank (8), Premier Capital Corporation (7) and Centra Credit Union (7). The most common industry was offices of other health practitioners.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Bartholomew County
By number of approvals to businesses in the county, FY2021–FY2025; 30 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | First Financial BankCincinnati, OH | 8 | $4.8M | 11.0% | |
| 2 | Premier Capital CorporationIndianapolis, IN · CDC | 7 | $5.1M | 9.6% | |
| 3 | Centra Credit UnionColumbus, IN | 7 | $1.0M | 9.6% | |
| 4 | The Huntington National BankColumbus, OH | 6 | $2.6M | 8.2% | |
| 5 | German American BankJasper, IN | 5 | $1.8M | 6.8% | |
| 6 | Old National BankEvansville, IN | 4 | $5.9M | 5.5% | |
| 7 | Indiana Statewide Certified Development CorporationIndianapolis, IN · CDC | 4 | $3.4M | 5.5% | |
| 8 | Horizon BankMichigan City, IN | 4 | $3.2M | 5.5% | |
| 9 | Shoreham BankWarwick, RI | 3 | $12.2M | 4.1% | |
| 10 | Northeast BankLewiston, ME | 3 | $978K | 4.1% | |
| 11 | Byline BankChicago, IL | 2 | — | 2.7% | |
| 12 | Merchants & Marine BankPascagoula, MS | 2 | — | 2.7% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.4% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 1.4% | |
| 15 | First Internet Bank of IndianaFishers, IN | 1 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 7 | 9.6% | |
| 2 | Traveler AccommodationNAICS 7211 | 6 | 8.2% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 5.5% | |
| 4 | Legal ServicesNAICS 5411 | 4 | 5.5% | |
| 5 | Steel Product Manufacturing from Purchased SteelNAICS 3312 | 3 | 4.1% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 4.1% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 4.1% | |
| 8 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 2.7% | |
| 9 | Gasoline StationsNAICS 4571 | 2 | 2.7% | |
| 10 | Other Financial Investment ActivitiesNAICS 5239 | 2 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 12 | 16.4% | |
| 2 | Health Care and Social Assistance | 11 | 15.1% | |
| 3 | Accommodation and Food Services | 9 | 12.3% | |
| 4 | Other Services (except Public Administration) | 8 | 11.0% | |
| 5 | Professional, Scientific, and Technical Services | 6 | 8.2% | |
| 6 | Construction | 5 | 6.8% | |
| 7 | Retail Trade | 5 | 6.8% | |
| 8 | Arts, Entertainment, and Recreation | 5 | 6.8% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 5 | $2.0M | $150K | 0 | — | 5 | 73 |
| FY2025 | 15 | $15.6M | $228K | 6 | $5.3M | 21 | 138 |
| FY2024 | 10 | $6.7M | $263K | 0 | — | 10 | 47 |
| FY2023 | 10 | $16.4M | $1.0M | 2 | — | 12 | 257 |
| FY2022 | 15 | $2.6M | $90K | 2 | — | 17 | 179 |
| FY2021 | 11 | $7.6M | $324K | 2 | — | 13 | 145 |
| FY2020 | 6 | $3.0M | $219K | 3 | $979K | 9 | 94 |
| FY2019 | 16 | $12.6M | $268K | 1 | — | 17 | 152 |
| FY2018 | 6 | $4.2M | $395K | 1 | — | 7 | 66 |
| FY2017 | 8 | $5.1M | $150K | 3 | $2.1M | 11 | 113 |
| FY2016 | 17 | $1.7M | $39K | 6 | $3.7M | 23 | 165 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 67 approvals.
Against Indiana and the country
| FY2021–FY2025 | Bartholomew County | Indiana | United States |
|---|---|---|---|
| Approvals | 73 | 6,784 | 342,825 |
| Approvals per 1,000 establishments | 37.4 | 43.6 | 41.0 |
| Median 7(a) approval | $250K | $150K | $190K |
| Median 504 approval | $423K | $522K | $657K |
| Average approval | $789K | $500K | $573K |
| 504 share of approvals | 16.4% | 10.8% | 11.0% |
| Jobs supported per approval, as reported | 10.5 | 10.3 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less17.8%13
- $50,001 to $150,00013.7%10
- $150,001 to $350,00028.8%21
- $350,001 to $1 million15.1%11
- $1 million to $2 million11.0%8
- Over $2 million13.7%10
Age of the businesses
- Existing, more than 2 years old45.2%33
- New business, 2 years or less20.5%15
- Startup, loan funds will open the business17.8%13
- Change of ownership16.4%12
Questions and answers
Which lenders make the most SBA loans in Bartholomew County?
By approvals in FY2021 to FY2025: First Financial Bank (8), Premier Capital Corporation (7), Centra Credit Union (7), The Huntington National Bank (6), German American Bank (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Bartholomew County?
The median 7(a) approval was $250K and the median 504 approval $423K; the Indiana 7(a) median was $150K.
Which industries get the most SBA loans in Bartholomew County?
Offices of Other Health Practitioners (7); Traveler Accommodation (6); Automotive Repair and Maintenance (4); Legal Services (4); Steel Product Manufacturing from Purchased Steel (3).
Is SBA lending in Bartholomew County rising?
Approvals in the three latest complete fiscal years total 43, against 39 in the three before: rising (+10%).
How does Bartholomew County compare with the rest of Indiana?
37.4 approvals per 1,000 establishments against 43.6 statewide, and 73 of the state's 6,784 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error