FY20161 Oct 2015 – 30 Sep 2016
SBA loans in Indiana, FY2016
That fiscal year's approvals by lender and by county.
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.
In FY2016 (1 October 2015 to 30 September 2016) SBA approved 1,497 loans in Indiana: 1,326 under 7(a) and 171 under 504, worth $514M.
That is about level with FY2015, when there were 1,489 approvals worth $534M.
Indiana accounted for 2.1% of the 70,012 approvals nationwide that year. 122 lenders had at least one approval in the state; The Huntington National Bank had the most, 315.
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.
Approvals by lender
The 40 lenders with the most approvals to Indiana businesses in FY2016, of 122 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 315 | $43.9M | 21.0% | 271 | +44 |
| 2 | 1st Source Bank | 7(a) | 136 | $9.8M | 9.1% | 171 | -35 |
| 3 | First Financial Bank | 7(a) | 92 | $26.9M | 6.1% | 76 | +16 |
| 4 | Premier Capital Corporation | 504 | 56 | $39.8M | 3.7% | 40 | +16 |
| 5 | Wells Fargo Bank National Association | 7(a) | 54 | $18.4M | 3.6% | 35 | +19 |
| 6 | First Merchants Bank | 7(a) | 54 | $12.6M | 3.6% | 54 | 0 |
| 7 | JPMorgan Chase Bank, National Association | 7(a) | 51 | $10.5M | 3.4% | 74 | -23 |
| 8 | Indiana Statewide Certified Development Corporation | 504 | 43 | $30.1M | 2.9% | 40 | +3 |
| 9 | Byline Bank | 7(a) | 37 | $35.3M | 2.5% | 53 | -16 |
| 10 | Lake City Bank | 7(a) | 37 | $3.7M | 2.5% | 24 | +13 |
| 11 | Regional Development Company | 504 | 32 | $15.2M | 2.1% | 24 | +8 |
| 12 | Horizon Bank | 7(a) | 32 | $8.3M | 2.1% | 42 | -10 |
| 13 | KeyBank National Association | 7(a) | 31 | $18.6M | 2.1% | 40 | -9 |
| 14 | Centier Bank | 7(a) | 31 | $5.0M | 2.1% | 20 | +11 |
| 15 | Celtic Bank Corporation | 7(a) | 29 | $14.5M | 1.9% | 30 | -1 |
| 16 | Peoples Bank | 7(a) | 25 | $2.5M | 1.7% | 19 | +6 |
| 17 | Fifth Third Bank | 7(a) | 24 | $3.0M | 1.6% | 19 | +5 |
| 18 | German American Bank | 7(a) | 23 | $3.7M | 1.5% | 40 | -17 |
| 19 | Old National Bank | 7(a) | 22 | $19.8M | 1.5% | 11 | +11 |
| 20 | Community Development Corporation of Fort Wayne | 504 | 21 | $7.9M | 1.4% | 3 | +18 |
| 21 | STAR Financial Bank | 7(a) | 20 | $4.9M | 1.3% | 25 | -5 |
| 22 | PNC Bank, National Association | 7(a) | 19 | $4.7M | 1.3% | 21 | -2 |
| 23 | U.S. Bank, National Association | 7(a) | 18 | $3.2M | 1.2% | 21 | -3 |
| 24 | Flagship Enterprise Center, Inc. (dba Bankable) | 7(a) | 17 | $2.5M | 1.1% | 7 | +10 |
| 25 | Business Development Corporation (BDC) | 504 | 15 | $3.6M | 1.0% | 22 | -7 |
| 26 | First Federal Savings Bank | 7(a) | 14 | $8.8M | 0.9% | 32 | -18 |
| 27 | Live Oak Banking Company | 7(a) | 13 | $16.0M | 0.9% | 12 | +1 |
| 28 | State Bank | 7(a) | 11 | $1.2M | 0.7% | 22 | -11 |
| 29 | Stearns Bank National Association | 7(a) | 9 | $3.5M | 0.6% | 7 | +2 |
| 30 | Citizens State Bank of New Castle | 7(a) | 9 | $2.1M | 0.6% | 1 | +8 |
| 31 | Northwest Bank | 7(a) | 6 | $6.0M | 0.4% | 5 | +1 |
| 32 | BayFirst National Bank | 7(a) | 6 | $1.3M | 0.4% | 1 | +5 |
| 33 | BMO Bank National Association | 7(a) | 6 | $1.1M | 0.4% | 11 | -5 |
| 34 | Legence Bank | 7(a) | 5 | $2.8M | 0.3% | 2 | +3 |
| 35 | First Farmers Bank and Trust Co | 7(a) | 5 | $2.8M | 0.3% | 5 | 0 |
| 36 | Home Bank, SB | 7(a) | 5 | $2.7M | 0.3% | 0 | new |
| 37 | Hendricks County Bank and Trust Company | 7(a) | 5 | $2.5M | 0.3% | 2 | +3 |
| 38 | Merchants Bank of Indiana | 7(a) | 5 | $2.4M | 0.3% | 2 | +3 |
| 39 | Regions Bank | 7(a) | 5 | $2.2M | 0.3% | 4 | +1 |
| 40 | Community First Bank of Indiana | 7(a) | 5 | $2.1M | 0.3% | 7 | -2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2015 | Change |
|---|---|---|---|---|---|---|
| 1 | Marion County | 343 | $118M | 22.9% | 285 | +58 |
| 2 | Hamilton County | 146 | $32.7M | 9.8% | 149 | -3 |
| 3 | Lake County | 106 | $30.1M | 7.1% | 74 | +32 |
| 4 | Allen County | 100 | $22.4M | 6.7% | 121 | -21 |
| 5 | Johnson County | 73 | $26.7M | 4.9% | 68 | +5 |
| 6 | Hendricks County | 67 | $20.1M | 4.5% | 50 | +17 |
| 7 | St. Joseph County | 66 | $12.1M | 4.4% | 76 | -10 |
| 8 | Elkhart County | 45 | $14.1M | 3.0% | 51 | -6 |
| 9 | Porter County | 37 | $15.2M | 2.5% | 50 | -13 |
| 10 | Tippecanoe County | 34 | $18.3M | 2.3% | 24 | +10 |
| 11 | LaPorte County | 31 | $11.0M | 2.1% | 43 | -12 |
| 12 | Madison County | 28 | $8.0M | 1.9% | 27 | +1 |
| 13 | Monroe County | 25 | $14.1M | 1.7% | 17 | +8 |
| 14 | Vanderburgh County | 24 | $11.6M | 1.6% | 39 | -15 |
| 15 | Bartholomew County | 23 | $5.4M | 1.5% | 9 | +14 |
| 16 | Clark County | 21 | $9.3M | 1.4% | 21 | 0 |
| 17 | Hancock County | 19 | $6.7M | 1.3% | 16 | +3 |
| 18 | Boone County | 18 | $7.7M | 1.2% | 29 | -11 |
| 19 | Morgan County | 16 | $3.0M | 1.1% | 5 | +11 |
| 20 | Marshall County | 16 | $3.3M | 1.1% | 15 | +1 |
| 21 | Delaware County | 13 | $4.3M | 0.9% | 12 | +1 |
| 22 | Vigo County | 12 | $10.0M | 0.8% | 12 | 0 |
| 23 | Whitley County | 10 | $2.2M | 0.7% | 5 | +5 |
| 24 | Noble County | 10 | $7.3M | 0.7% | 9 | +1 |
| 25 | Henry County | 9 | $2.5M | 0.6% | 3 | +6 |
| 26 | Dubois County | 9 | $4.3M | 0.6% | 6 | +3 |
| 27 | Grant County | 8 | $2.6M | 0.5% | 2 | +6 |
| 28 | Wabash County | 8 | $987K | 0.5% | 8 | 0 |
| 29 | Howard County | 7 | $7.9M | 0.5% | 8 | -1 |
| 30 | Kosciusko County | 7 | $549K | 0.5% | 14 | -7 |
| 31 | Clinton County | 7 | $2.2M | 0.5% | 7 | 0 |
| 32 | Brown County | 7 | $1.2M | 0.5% | 2 | +5 |
| 33 | Wells County | 6 | $2.8M | 0.4% | 3 | +3 |
| 34 | DeKalb County | 6 | $1.3M | 0.4% | 6 | 0 |
| 35 | Steuben County | 6 | $2.3M | 0.4% | 7 | -1 |
| 36 | Jackson County | 6 | $2.3M | 0.4% | 7 | -1 |
| 37 | Shelby County | 5 | $2.2M | 0.3% | 11 | -6 |
| 38 | Warrick County | 5 | $4.2M | 0.3% | 3 | +2 |
| 39 | Huntington County | 5 | $664K | 0.3% | 6 | -1 |
| 40 | LaGrange County | 5 | $6.5M | 0.3% | 8 | -3 |
The 40 counties with the most approvals; every county is on the Indiana page.
FY2016 against FY2015
| Indiana | FY2016 | FY2015 |
|---|---|---|
| 7(a) approvals | 1,326 | 1,355 |
| 7(a) dollars | $415M | $465M |
| Median 7(a) approval | $100K | $106K |
| 504 approvals | 171 | 134 |
| 504 dollars | $98.6M | $69.2M |
| Jobs supported, as reported | 15,421 | 17,330 |
Questions and answers
Which lenders made the most SBA loans in Indiana in FY2016?
The Huntington National Bank (315), 1st Source Bank (136), First Financial Bank (92), Premier Capital Corporation (56), Wells Fargo Bank National Association (54). 122 lenders had at least one approval.
How many SBA loans were approved in Indiana in FY2016?
1,497: 1,326 under 7(a) worth $415M and 171 under 504 worth $98.6M.
Which Indiana counties had the most SBA approvals in FY2016?
Marion County (343), Hamilton County (146), Lake County (106), Allen County (100), Johnson County (73).
When does FY2016 start and end?
The federal fiscal year 2016 runs from 1 October 2015 to 30 September 2016.
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