FY20171 Oct 2016 – 30 Sep 2017
SBA loans in Indiana, FY2017
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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 1,537 loans in Indiana: 1,369 under 7(a) and 168 under 504, worth $601M.
That is about level with FY2016, when there were 1,497 approvals worth $514M.
Indiana accounted for 2.2% of the 68,648 approvals nationwide that year. 110 lenders had at least one approval in the state; The Huntington National Bank had the most, 304.
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 FY2017, of 110 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7(a) | 304 | $73.2M | 19.8% | 315 | -11 |
| 2 | 1st Source Bank | 7(a) | 156 | $21.1M | 10.1% | 136 | +20 |
| 3 | First Financial Bank | 7(a) | 83 | $16.5M | 5.4% | 92 | -9 |
| 4 | Horizon Bank | 7(a) | 72 | $17.8M | 4.7% | 32 | +40 |
| 5 | Premier Capital Corporation | 504 | 57 | $40.2M | 3.7% | 56 | +1 |
| 6 | JPMorgan Chase Bank, National Association | 7(a) | 52 | $15.4M | 3.4% | 51 | +1 |
| 7 | First Merchants Bank | 7(a) | 48 | $17.5M | 3.1% | 54 | -6 |
| 8 | KeyBank National Association | 7(a) | 47 | $26.1M | 3.1% | 31 | +16 |
| 9 | German American Bank | 7(a) | 47 | $6.7M | 3.1% | 23 | +24 |
| 10 | Centier Bank | 7(a) | 45 | $5.7M | 2.9% | 31 | +14 |
| 11 | Wells Fargo Bank National Association | 7(a) | 37 | $20.3M | 2.4% | 54 | -17 |
| 12 | Indiana Statewide Certified Development Corporation | 504 | 35 | $27.4M | 2.3% | 43 | -8 |
| 13 | Lake City Bank | 7(a) | 35 | $8.9M | 2.3% | 37 | -2 |
| 14 | Business Development Corporation (BDC) | 504 | 30 | $15.4M | 2.0% | 15 | +15 |
| 15 | Regional Development Company | 504 | 30 | $13.7M | 2.0% | 32 | -2 |
| 16 | STAR Financial Bank | 7(a) | 24 | $6.9M | 1.6% | 20 | +4 |
| 17 | Fifth Third Bank | 7(a) | 23 | $4.4M | 1.5% | 24 | -1 |
| 18 | Byline Bank | 7(a) | 20 | $19.5M | 1.3% | 37 | -17 |
| 19 | U.S. Bank, National Association | 7(a) | 18 | $5.6M | 1.2% | 18 | 0 |
| 20 | Celtic Bank Corporation | 7(a) | 17 | $7.6M | 1.1% | 29 | -12 |
| 21 | First Federal Savings Bank | 7(a) | 17 | $7.1M | 1.1% | 14 | +3 |
| 22 | Flagship Enterprise Center, Inc. (dba Bankable) | 7(a) | 17 | $2.9M | 1.1% | 17 | 0 |
| 23 | Community Development Corporation of Fort Wayne | 504 | 14 | $6.4M | 0.9% | 21 | -7 |
| 24 | Peoples Bank | 7(a) | 14 | $1.2M | 0.9% | 25 | -11 |
| 25 | Old National Bank | 7(a) | 12 | $4.9M | 0.8% | 22 | -10 |
| 26 | PNC Bank, National Association | 7(a) | 12 | $1.8M | 0.8% | 19 | -7 |
| 27 | Regions Bank | 7(a) | 11 | $10.0M | 0.7% | 5 | +6 |
| 28 | BayFirst National Bank | 7(a) | 11 | $2.3M | 0.7% | 6 | +5 |
| 29 | Northeast Bank | 7(a) | 11 | $1.8M | 0.7% | 1 | +10 |
| 30 | First Western SBLC, LLC | 7(a) | 10 | $20.7M | 0.7% | 3 | +7 |
| 31 | State Bank | 7(a) | 10 | $6.7M | 0.7% | 11 | -1 |
| 32 | Live Oak Banking Company | 7(a) | 9 | $11.2M | 0.6% | 13 | -4 |
| 33 | Merchants Bank of Indiana | 7(a) | 9 | $2.6M | 0.6% | 5 | +4 |
| 34 | United Midwest Savings Bank National Association | 7(a) | 9 | $2.4M | 0.6% | 2 | +7 |
| 35 | Independence Bank | 7(a) | 9 | $800K | 0.6% | 4 | +5 |
| 36 | Legence Bank | 7(a) | 8 | $8.3M | 0.5% | 5 | +3 |
| 37 | Newtek Small Business Finance, Inc. | 7(a) | 8 | $4.5M | 0.5% | 4 | +4 |
| 38 | Millennium Bank | 7(a) | 6 | $9.9M | 0.4% | 1 | +5 |
| 39 | Springs Valley Bank & Trust Company | 7(a) | 6 | $4.1M | 0.4% | 5 | +1 |
| 40 | Three Rivers Federal Credit Union | 7(a) | 6 | $1.3M | 0.4% | 3 | +3 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2016 | Change |
|---|---|---|---|---|---|---|
| 1 | Marion County | 316 | $130M | 20.6% | 343 | -27 |
| 2 | Hamilton County | 133 | $32.4M | 8.7% | 146 | -13 |
| 3 | Allen County | 111 | $36.2M | 7.2% | 100 | +11 |
| 4 | Lake County | 77 | $27.8M | 5.0% | 106 | -29 |
| 5 | St. Joseph County | 73 | $28.7M | 4.7% | 66 | +7 |
| 6 | Porter County | 66 | $11.8M | 4.3% | 37 | +29 |
| 7 | Elkhart County | 60 | $44.4M | 3.9% | 45 | +15 |
| 8 | Hendricks County | 57 | $26.6M | 3.7% | 67 | -10 |
| 9 | Johnson County | 52 | $9.9M | 3.4% | 73 | -21 |
| 10 | Tippecanoe County | 43 | $20.2M | 2.8% | 34 | +9 |
| 11 | LaPorte County | 36 | $12.3M | 2.3% | 31 | +5 |
| 12 | Vanderburgh County | 30 | $24.8M | 2.0% | 24 | +6 |
| 13 | Madison County | 30 | $18.8M | 2.0% | 28 | +2 |
| 14 | Monroe County | 27 | $6.4M | 1.8% | 25 | +2 |
| 15 | Boone County | 25 | $10.9M | 1.6% | 18 | +7 |
| 16 | Delaware County | 23 | $9.6M | 1.5% | 13 | +10 |
| 17 | Marshall County | 23 | $11.7M | 1.5% | 16 | +7 |
| 18 | Clark County | 19 | $10.8M | 1.2% | 21 | -2 |
| 19 | Morgan County | 18 | $3.5M | 1.2% | 16 | +2 |
| 20 | Hancock County | 16 | $3.6M | 1.0% | 19 | -3 |
| 21 | Wayne County | 12 | $3.3M | 0.8% | 3 | +9 |
| 22 | Brown County | 12 | $6.4M | 0.8% | 7 | +5 |
| 23 | Kosciusko County | 11 | $2.6M | 0.7% | 7 | +4 |
| 24 | Bartholomew County | 11 | $7.2M | 0.7% | 23 | -12 |
| 25 | Lawrence County | 11 | $5.8M | 0.7% | 5 | +6 |
| 26 | Howard County | 10 | $5.0M | 0.7% | 7 | +3 |
| 27 | DeKalb County | 10 | $1.9M | 0.7% | 6 | +4 |
| 28 | Floyd County | 10 | $3.4M | 0.7% | 4 | +6 |
| 29 | Gibson County | 9 | $1.1M | 0.6% | 2 | +7 |
| 30 | Shelby County | 9 | $5.0M | 0.6% | 5 | +4 |
| 31 | Warrick County | 9 | $2.2M | 0.6% | 5 | +4 |
| 32 | Steuben County | 9 | $6.7M | 0.6% | 6 | +3 |
| 33 | Whitley County | 9 | $1.7M | 0.6% | 10 | -1 |
| 34 | Huntington County | 8 | $1.5M | 0.5% | 5 | +3 |
| 35 | Jasper County | 8 | $1.4M | 0.5% | 5 | +3 |
| 36 | White County | 7 | $2.9M | 0.5% | 3 | +4 |
| 37 | Wells County | 6 | $606K | 0.4% | 6 | 0 |
| 38 | Vigo County | 6 | $3.9M | 0.4% | 12 | -6 |
| 39 | Grant County | 6 | $3.4M | 0.4% | 8 | -2 |
| 40 | Dearborn County | 6 | $5.9M | 0.4% | 3 | +3 |
The 40 counties with the most approvals; every county is on the Indiana page.
FY2017 against FY2016
| Indiana | FY2017 | FY2016 |
|---|---|---|
| 7(a) approvals | 1,369 | 1,326 |
| 7(a) dollars | $495M | $415M |
| Median 7(a) approval | $108K | $100K |
| 504 approvals | 168 | 171 |
| 504 dollars | $106M | $98.6M |
| Jobs supported, as reported | 16,326 | 15,421 |
Questions and answers
Which lenders made the most SBA loans in Indiana in FY2017?
The Huntington National Bank (304), 1st Source Bank (156), First Financial Bank (83), Horizon Bank (72), Premier Capital Corporation (57). 110 lenders had at least one approval.
How many SBA loans were approved in Indiana in FY2017?
1,537: 1,369 under 7(a) worth $495M and 168 under 504 worth $106M.
Which Indiana counties had the most SBA approvals in FY2017?
Marion County (316), Hamilton County (133), Allen County (111), Lake County (77), St. Joseph County (73).
When does FY2017 start and end?
The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.
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