States › Indiana › Johnson County
County5th of 92 in Indiana by approvalsFIPS 18081
SBA loans in Johnson 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 Johnson County, Indiana, received 281 SBA loan approvals worth $97.7M in FY2021 to FY2025 (262 7(a), 19 504).
That is 74.4 approvals per 1,000 business establishments (3,779 establishments in 2023), above the Indiana figure of 43.6 and above the national 41.0.
It ranks 5th of 92 Indiana counties with approvals. In FY2025 there were 64, up 21% on FY2024.
46 lenders had approvals here; the most active were The Huntington National Bank (148), Premier Capital Corporation (13) and BayFirst National Bank (9). The most common industry was general freight trucking.
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 Johnson County
By number of approvals to businesses in the county, FY2021–FY2025; 46 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 148 | $18.6M | 52.7% | |
| 2 | Premier Capital CorporationIndianapolis, IN · CDC | 13 | $14.7M | 4.6% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 9 | $1.6M | 3.2% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 7 | $8.6M | 2.5% | |
| 5 | Stock Yards Bank & Trust CompanyLouisville, KY | 7 | $5.0M | 2.5% | |
| 6 | United Midwest Savings Bank National AssociationDe Graff, OH | 7 | $3.0M | 2.5% | |
| 7 | Northeast BankLewiston, ME | 7 | $761K | 2.5% | |
| 8 | Indiana Statewide Certified Development CorporationIndianapolis, IN · CDC | 6 | $1.9M | 2.1% | |
| 9 | Newtek Small Business Finance, Inc.Lake Success, NY | 5 | $4.9M | 1.8% | |
| 10 | Horizon BankMichigan City, IN | 5 | $2.4M | 1.8% | |
| 11 | First Financial BankCincinnati, OH | 5 | $1.2M | 1.8% | |
| 12 | First Merchants BankIndianapolis, IN | 5 | $450K | 1.8% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $4.9M | 1.4% | |
| 14 | Centier BankWhiting, IN | 4 | $3.7M | 1.4% | |
| 15 | Merchants Bank of IndianaCarmel, IN | 4 | $2.6M | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 86 | 30.6% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 19 | 6.8% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 10 | 3.6% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 10 | 3.6% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 10 | 3.6% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 9 | 3.2% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 9 | 3.2% | |
| 8 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 8 | 2.8% | |
| 9 | Personal Care ServicesNAICS 8121 | 7 | 2.5% | |
| 10 | Residential Building ConstructionNAICS 2361 | 7 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Transportation and Warehousing | 92 | 32.7% | |
| 2 | Construction | 37 | 13.2% | |
| 3 | Accommodation and Food Services | 23 | 8.2% | |
| 4 | Professional, Scientific, and Technical Services | 21 | 7.5% | |
| 5 | Other Services (except Public Administration) | 19 | 6.8% | |
| 6 | Retail Trade | 17 | 6.0% | |
| 7 | Health Care and Social Assistance | 16 | 5.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 13 | 4.6% |
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* | 24 | $8.8M | $103K | 1 | — | 25 | 144 |
| FY2025 | 61 | $17.6M | $100K | 3 | $5.1M | 64 | 676 |
| FY2024 | 51 | $14.0M | $100K | 2 | — | 53 | 288 |
| FY2023 | 59 | $19.3M | $68K | 3 | $5.8M | 62 | 571 |
| FY2022 | 49 | $10.1M | $75K | 8 | $4.2M | 57 | 498 |
| FY2021 | 42 | $20.2M | $185K | 3 | $1.0M | 45 | 492 |
| FY2020 | 40 | $7.4M | $150K | 2 | — | 42 | 297 |
| FY2019 | 47 | $12.1M | $100K | 7 | $12.8M | 54 | 333 |
| FY2018 | 69 | $11.0M | $64K | 5 | $2.1M | 74 | 312 |
| FY2017 | 51 | $9.0M | $75K | 1 | — | 52 | 259 |
| FY2016 | 68 | $25.0M | $143K | 5 | $1.7M | 73 | 589 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 295 approvals.
Against Indiana and the country
| FY2021–FY2025 | Johnson County | Indiana | United States |
|---|---|---|---|
| Approvals | 281 | 6,784 | 342,825 |
| Approvals per 1,000 establishments | 74.4 | 43.6 | 41.0 |
| Median 7(a) approval | $100K | $150K | $190K |
| Median 504 approval | $665K | $522K | $657K |
| Average approval | $348K | $500K | $573K |
| 504 share of approvals | 6.8% | 10.8% | 11.0% |
| Jobs supported per approval, as reported | 9.0 | 10.3 | 10.5 |
| Share of state approvals | 4.1% | 100.0% | — |
Approval sizes
- $50,000 or less29.2%82
- $50,001 to $150,00029.2%82
- $150,001 to $350,00018.9%53
- $350,001 to $1 million13.9%39
- $1 million to $2 million5.7%16
- Over $2 million3.2%9
Age of the businesses
- Existing, more than 2 years old63.0%177
- New business, 2 years or less12.5%35
- Startup, loan funds will open the business17.1%48
- Change of ownership7.5%21
Questions and answers
Which lenders make the most SBA loans in Johnson County?
By approvals in FY2021 to FY2025: The Huntington National Bank (148), Premier Capital Corporation (13), BayFirst National Bank (9), Live Oak Banking Company (7), Stock Yards Bank & Trust Company (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Johnson County?
The median 7(a) approval was $100K and the median 504 approval $665K; the Indiana 7(a) median was $150K.
Which industries get the most SBA loans in Johnson County?
General Freight Trucking (86); Restaurants and Other Eating Places (19); Other Amusement and Recreation Industries (10); Building Equipment Contractors (10); Offices of Other Health Practitioners (10).
Is SBA lending in Johnson County rising?
Approvals in the three latest complete fiscal years total 179, against 144 in the three before: rising (+24%).
How does Johnson County compare with the rest of Indiana?
74.4 approvals per 1,000 establishments against 43.6 statewide, and 281 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