States › Indiana › DeKalb County
County32nd of 92 in Indiana by approvalsFIPS 18033
SBA loans in DeKalb 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.
Businesses in DeKalb County, Indiana, received 32 SBA loan approvals worth $22.7M in FY2021 to FY2025 (31 7(a), 1 504).
That is 30.9 approvals per 1,000 business establishments (1,034 establishments in 2023), below the Indiana figure of 43.6 and below the national 41.0.
It ranks 32nd of 92 Indiana counties with approvals. In FY2025 there were 11.
20 lenders had approvals here; the most active were 1st Source Bank (6), Shoreham Bank (2) and WesBanco Bank, Inc. (2). The most common industry was restaurants and other eating places.
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 DeKalb County
By number of approvals to businesses in the county, FY2021–FY2025; 20 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | 1st Source BankSouth Bend, IN | 6 | $504K | 18.8% | |
| 2 | Shoreham BankWarwick, RI | 2 | — | 6.3% | |
| 3 | WesBanco Bank, Inc.Wheeling, WV | 2 | — | 6.3% | |
| 4 | PNC Bank, National AssociationWilmington, DE | 2 | — | 6.3% | |
| 5 | Three Rivers Federal Credit UnionFort Wayne, IN | 2 | — | 6.3% | |
| 6 | First Merchants BankIndianapolis, IN | 2 | — | 6.3% | |
| 7 | BayFirst National BankSaint Petersburg, FL | 2 | — | 6.3% | |
| 8 | Peoples BankMendenhall, MS | 2 | — | 6.3% | |
| 9 | Community Development Corporation of Fort WayneFort Wayne, IN · CDC | 1 | — | 3.1% | |
| 10 | Enterprise Bank & TrustClayton, MO | 1 | — | 3.1% | |
| 11 | GBankLas Vegas, NV | 1 | — | 3.1% | |
| 12 | 22nd State Bank, A Division of 22nd State Banking CompanyMobile, AL | 1 | — | 3.1% | |
| 13 | First Bank of the LakeOsage Beach, MO | 1 | — | 3.1% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 1 | — | 3.1% | |
| 15 | United Community BankGreenville, SC | 1 | — | 3.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 18.8% | |
| 2 | Traveler AccommodationNAICS 7211 | 4 | 12.5% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 9.4% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 2 | 6.3% | |
| 5 | Offices of PhysiciansNAICS 6211 | 2 | 6.3% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 2 | 6.3% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 6.3% | |
| 8 | General Freight TruckingNAICS 4841 | 2 | 6.3% | |
| 9 | Steel Product Manufacturing from Purchased SteelNAICS 3312 | 1 | 3.1% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 1 | 3.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 10 | 31.3% | |
| 2 | Manufacturing | 3 | 9.4% | |
| 3 | Other Services (except Public Administration) | 3 | 9.4% | |
| 4 | Health Care and Social Assistance | 3 | 9.4% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 3 | 9.4% | |
| 6 | Transportation and Warehousing | 3 | 9.4% | |
| 7 | Construction | 2 | 6.3% | |
| 8 | Arts, Entertainment, and Recreation | 2 | 6.3% |
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* | 2 | — | — | 0 | — | 2 | 10 |
| FY2025 | 10 | $2.2M | $92K | 1 | — | 11 | 144 |
| FY2024 | 8 | $4.6M | $250K | 0 | — | 8 | 78 |
| FY2023 | 5 | $1.9M | $250K | 0 | — | 5 | 54 |
| FY2022 | 4 | $5.3M | $1.0M | 0 | — | 4 | 23 |
| FY2021 | 4 | $3.2M | $170K | 0 | — | 4 | 24 |
| FY2020 | 3 | $133K | $49K | 0 | — | 3 | 2 |
| FY2019 | 4 | $5.2M | $1.1M | 0 | — | 4 | 88 |
| FY2018 | 12 | $5.1M | $114K | 3 | $1.1M | 15 | 75 |
| FY2017 | 10 | $1.9M | $175K | 0 | — | 10 | 93 |
| FY2016 | 5 | $702K | $70K | 1 | — | 6 | 45 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 38 approvals.
Against Indiana and the country
| FY2021–FY2025 | DeKalb County | Indiana | United States |
|---|---|---|---|
| Approvals | 32 | 6,784 | 342,825 |
| Approvals per 1,000 establishments | 30.9 | 43.6 | 41.0 |
| Median 7(a) approval | $211K | $150K | $190K |
| Median 504 approval | — | $522K | $657K |
| Average approval | $709K | $500K | $573K |
| 504 share of approvals | 3.1% | 10.8% | 11.0% |
| Jobs supported per approval, as reported | 10.1 | 10.3 | 10.5 |
| Share of state approvals | 0.5% | 100.0% | — |
Approval sizes
- $50,000 or less9.4%3
- $50,001 to $150,00037.5%12
- $150,001 to $350,00012.5%4
- $350,001 to $1 million25.0%8
- $1 million to $2 million3.1%1
- Over $2 million12.5%4
Age of the businesses
- Existing, more than 2 years old46.9%15
- New business, 2 years or less18.8%6
- Startup, loan funds will open the business15.6%5
- Change of ownership18.8%6
Questions and answers
Which lenders make the most SBA loans in DeKalb County?
By approvals in FY2021 to FY2025: 1st Source Bank (6), Shoreham Bank (2), WesBanco Bank, Inc. (2), PNC Bank, National Association (2), Three Rivers Federal Credit Union (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in DeKalb County?
The median 7(a) approval was $211K; the Indiana 7(a) median was $150K.
Which industries get the most SBA loans in DeKalb County?
Restaurants and Other Eating Places (6); Traveler Accommodation (4); Automotive Repair and Maintenance (3); Building Finishing Contractors (2); Offices of Physicians (2).
Is SBA lending in DeKalb County rising?
Approvals in the three latest complete fiscal years total 24, against 11 in the three before: rising (+118%).
How does DeKalb County compare with the rest of Indiana?
30.9 approvals per 1,000 establishments against 43.6 statewide, and 32 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