Lenders › Flagship Enterprise Center, Inc. (dba Bankable)
7(a) lenderAnderson, Indiananon-bank 7(a) lender359th of 2,184 by approvals
Flagship Enterprise Center, Inc. (dba Bankable)
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Flagship Enterprise Center, Inc. (dba Bankable) (Anderson, Indiana) is a non-bank 7(a) lender in the SBA 7(a) program, 359th of 2,184 by approvals in FY2021 to FY2025: 84 loans worth $13.0M.
In FY2025, the latest complete fiscal year, it had 27 approvals totalling $3.8M, up 29% on FY2024 (21). FY2026 to 30 Jun 2026 adds 15 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 61.9% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 1 state or territory and 27 counties, led by Indiana (100.0%). The largest industry group was accommodation and food services at 19.0% of approvals, and 8.3% of approvals were to franchise businesses.
Of 97 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (8.2%), 66 as paid in full and 23 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 15 | $2.8M | $200K | $185K | 80 |
| FY2025 | 27 | $3.8M | $145K | $141K | 268 |
| FY2024 | 21 | $3.6M | $150K | $170K | 194 |
| FY2023 | 10 | $1.6M | $150K | $156K | 74 |
| FY2022 | 12 | $2.2M | $183K | $181K | 111 |
| FY2021 | 14 | $1.9M | $133K | $135K | 85 |
| FY2020 | 11 | $1.8M | $130K | $161K | 80 |
| FY2019 | 20 | $2.7M | $108K | $136K | 118 |
| FY2018 | 20 | $2.9M | $150K | $145K | 224 |
| FY2017 | 17 | $2.9M | $150K | $168K | 208 |
| FY2016 | 17 | $2.5M | $149K | $146K | 180 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 85 approvals. First approval on file: FY2015.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Indiana | 7(a) program |
|---|---|---|---|
| Approvals in these years | 106 | 14,121 | 639,905 |
| Cancelled or never disbursed | 9 | 1,611 | 79,313 |
| Disbursed loans | 97 | 12,510 | 560,592 |
| Paid in full | 66 | 10,056 | 435,813 |
| Charged off | 8 | 714 | 36,891 |
| Still outstanding (status exempt from disclosure) | 23 | 1,740 | 87,888 |
| Charged off, share of disbursed loans | 8.2% | 5.7% | 6.6% |
| Dollars charged off, share of disbursed dollars | 5.4% | 2.8% | 2.5% |
| Dollars charged off | $771K | $129M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 13 | 6 | 0 | — | 2.8% |
| FY2020 | 10 | 6 | 1 | — | 4.0% |
| FY2019 | 17 | 10 | 3 | — | 6.7% |
| FY2018 | 17 | 13 | 0 | — | 7.9% |
| FY2017 | 17 | 12 | 1 | — | 7.7% |
| FY2016 | 17 | 14 | 2 | — | 7.2% |
| FY2015 | 6 | 5 | 1 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $150K | $190K |
| Average approval | $155K | $518K |
| Approvals of $150,000 or less | 61.9% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 50.0% | 34.3% |
| Approvals to franchise businesses | 8.3% | 11.5% |
| Jobs supported per approval, as reported | 8.7 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 8.2% | 6.6% |
States served
| # | State of the business (1 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Indiana | 84 | $13.0M | 100.0% |
In Indiana the lender accounts for 1.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (27 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Marion County, IN | 14 | $2.3M | 16.7% | |
| 2 | Hamilton County, IN | 12 | $1.9M | 14.3% | |
| 3 | Allen County, IN | 7 | $1.1M | 8.3% | |
| 4 | Madison County, IN | 7 | $939K | 8.3% | |
| 5 | Henry County, IN | 5 | $737K | 6.0% | |
| 6 | Johnson County, IN | 4 | $660K | 4.8% | |
| 7 | Lake County, IN | 4 | $570K | 4.8% | |
| 8 | Delaware County, IN | 3 | $614K | 3.6% | |
| 9 | Steuben County, IN | 3 | $470K | 3.6% | |
| 10 | Hendricks County, IN | 3 | $298K | 3.6% | |
| 11 | Hancock County, IN | 3 | $245K | 3.6% | |
| 12 | Wells County, IN | 2 | — | 2.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 16 | 19.0% | |
| 2 | Arts, Entertainment, and Recreation | 10 | 11.9% | |
| 3 | Construction | 10 | 11.9% | |
| 4 | Other Services (except Public Administration) | 10 | 11.9% | |
| 5 | Transportation and Warehousing | 7 | 8.3% | |
| 6 | Professional, Scientific, and Technical Services | 7 | 8.3% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 6 | 7.1% | |
| 8 | Manufacturing | 5 | 6.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 14 | 16.7% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 10.7% | |
| 3 | Personal Care ServicesNAICS 8121 | 4 | 4.8% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 4 | 4.8% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 3 | 3.6% | |
| 6 | General Freight TruckingNAICS 4841 | 3 | 3.6% | |
| 7 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 3 | 3.6% | |
| 8 | Other Personal ServicesNAICS 8129 | 3 | 3.6% | |
| 9 | Residential Building ConstructionNAICS 2361 | 3 | 3.6% | |
| 10 | Special Food ServicesNAICS 7223 | 2 | 2.4% |
Approval sizes
- $50,000 or less4.8%4
- $50,001 to $150,00057.1%48
- $150,001 to $350,00038.1%32
Loan terms
- 5 years or less1.2%1
- Over 5 to 10 years91.7%77
- Over 10 to 20 years6.0%5
- Over 20 years1.2%1
Age of the businesses
- Existing, more than 2 years old44.0%37
- New business, 2 years or less19.0%16
- Startup, loan funds will open the business31.0%26
- Change of ownership6.0%5
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 44 | 52.4% | |
| 2 | Community Advantage Initiative | 34 | 40.5% | |
| 3 | 7a General | 5 | 6.0% | |
| 4 | Community Advantage Recovery Loan | 1 | 1.2% |
Franchise share
7 of 84 approvals in FY2021–FY2025 (8.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Engel & Volkers | 1 | 1.2% | |
| 2 | Home Instead | 1 | 1.2% | |
| 3 | Starting Strength | 1 | 1.2% | |
| 4 | Oxi Fresh Carpet Cleaning | 1 | 1.2% | |
| 5 | Medi-Weightloss | 1 | 1.2% | |
| 6 | Fastest Labs | 1 | 1.2% | |
| 7 | Rockstars of Tomorrow | 1 | 1.2% |
Questions and answers
How many SBA loans does Flagship Enterprise Center, Inc. (dba Bankable) make?
SBA approved 27 7(a) loans through Flagship Enterprise Center, Inc. (dba Bankable) in FY2025, worth $3.8M, and 84 over FY2021 to FY2025. That ranks 359th of 2,184 active 7(a) lenders by number of approvals.
How large are Flagship Enterprise Center, Inc. (dba Bankable)'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $155K. The program-wide median was $190K.
What is Flagship Enterprise Center, Inc. (dba Bankable)'s charge-off rate?
Of 97 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (8.2%), 66 as paid in full and 23 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Flagship Enterprise Center, Inc. (dba Bankable) lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (14); other amusement and recreation industries (9); personal care services (4); services to buildings and dwellings (4).
Where does Flagship Enterprise Center, Inc. (dba Bankable) make SBA loans?
In 1 state or territory. Indiana 84. In Indiana it accounts for 1.4% of all 7(a) approvals.
Is Flagship Enterprise Center, Inc. (dba Bankable)'s SBA lending rising?
Approvals in the three latest complete fiscal years total 58, against 37 in the three before: rising (+57%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error