SBA Ledger

States › Indiana › FY2026

FY2026 to date1 Oct 2025 – 30 Jun 2026

SBA loans in Indiana, FY2026

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.

So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 757 loans in Indiana: 677 under 7(a) and 80 under 504, worth $467M.

The fiscal year is still open, so these counts will grow with each quarterly release.

Indiana accounted for 1.7% of the 45,283 approvals nationwide that year. 117 lenders had at least one approval in the state; The Huntington National Bank had the most, 93.

757approvals to date
$467Mdollars approved
$187Kmedian 7(a) approvalFY2025: $150K
117lenders with an approval
7,477jobs supported, as reported

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 FY2026, of 117 active.

#LenderProgramApprovalsDollarsShare of stateFY2025Change
1The Huntington National Bank7(a)93$41.8M12.3%244—
21st Source Bank7(a)37$10.2M4.9%68—
3Northeast Bank7(a)31$6.5M4.1%95—
4Centier Bank7(a)28$6.7M3.7%46—
5Indiana Statewide Certified Development Corporation50427$38.4M3.6%51—
6Newtek Bank, National Association7(a)27$9.7M3.6%43—
7Old National Bank7(a)22$18.5M2.9%24—
8Premier Capital Corporation50419$18.2M2.5%28—
9Readycap Lending, LLC7(a)19$8.3M2.5%35—
10Citizens State Bank of New Castle7(a)19$5.8M2.5%21—
11Live Oak Banking Company7(a)18$14.9M2.4%19—
12First Merchants Bank7(a)18$3.6M2.4%57—
13Fifth Third Bank7(a)17$5.8M2.2%17—
14U.S. Bank, National Association7(a)17$5.1M2.2%17—
15United Midwest Savings Bank National Association7(a)16$8.4M2.1%19—
16Flagship Enterprise Center, Inc. (dba Bankable)7(a)15$2.8M2.0%27—
17KeyBank National Association7(a)14$11.4M1.8%29—
18Regional Development Company50413$8.9M1.7%16—
19Heritage Federal Credit Union7(a)12$6.4M1.6%18—
20JPMorgan Chase Bank, National Association7(a)12$2.3M1.6%14—
21First Internet Bank of Indiana7(a)11$16.7M1.5%20—
22Celtic Bank Corporation7(a)11$3.5M1.5%17—
23CenTrust Bank, A Division of SmartBiz Bank National Association7(a)11$2.2M1.5%3—
24Merchants Bank of Indiana7(a)10$13.4M1.3%14—
25First Bank of the Lake7(a)10$9.5M1.3%7—
26Business Development Corporation (BDC)5048$3.9M1.1%15—
27First Harrison Bank7(a)8$1.7M1.1%4—
28STAR Financial Bank7(a)8$644K1.1%35—
29Everwise Credit Union7(a)7$10.7M0.9%4—
30Community Development Corporation of Fort Wayne5047$2.4M0.9%14—
31Lake City Bank7(a)7$870K0.9%4—
32Byline Bank7(a)6$9.3M0.8%13—
33The Riddell National Bank7(a)6$5.9M0.8%3—
34Stock Yards Bank & Trust Company7(a)6$4.1M0.8%18—
35PNC Bank, National Association7(a)6$1.1M0.8%14—
36Financial Center First CU7(a)6$680K0.8%7—
37GBank7(a)5$21.8M0.7%10—
38Community First Bank of Indiana7(a)5$8.4M0.7%12—
39Republic Bank & Trust Company7(a)5$1.1M0.7%1—
40Small Business Growth Corporation5044$6.9M0.5%2—

Approvals by county

#CountyApprovalsDollarsShare of stateFY2025Change
1Marion County146$89.8M19.3%249—
2Hamilton County76$74.7M10.0%199—
3Lake County49$22.8M6.5%101—
4Porter County39$19.6M5.2%32—
5Allen County34$19.2M4.5%74—
6Johnson County25$10.0M3.3%64—
7Vanderburgh County24$15.9M3.2%34—
8Hendricks County22$10.6M2.9%37—
9St. Joseph County20$16.1M2.6%43—
10Tippecanoe County19$12.1M2.5%34—
11Boone County18$10.4M2.4%18—
12Floyd County16$10.6M2.1%17—
13Clark County16$9.8M2.1%24—
14Elkhart County14$13.5M1.8%36—
15Delaware County14$3.0M1.8%15—
16LaPorte County12$9.9M1.6%14—
17Hancock County11$7.0M1.5%22—
18Madison County11$7.6M1.5%26—
19Henry County11$2.1M1.5%15—
20Howard County10$11.9M1.3%16—
21Monroe County10$5.5M1.3%19—
22Morgan County10$2.9M1.3%17—
23Vigo County9$4.1M1.2%15—
24Wayne County8$6.7M1.1%3—
25Warrick County7$2.7M0.9%10—
26Dearborn County7$1.7M0.9%9—
27Marshall County6$1.8M0.8%15—
28Putnam County6$6.2M0.8%4—
29LaGrange County5$4.3M0.7%1—
30Bartholomew County5$2.0M0.7%21—
31Dubois County5$1.3M0.7%6—
32Lawrence County5$2.4M0.7%6—
33White County4$1.3M0.5%2—
34Knox County4$4.3M0.5%3—
35Adams County3$358K0.4%3—
36Fayette County3$1.9M0.4%2—
37Whitley County3$193K0.4%7—
38Jasper County3$737K0.4%3—
39Orange County3$896K0.4%2—
40Randolph County3$600K0.4%2—

The 40 counties with the most approvals; every county is on the Indiana page.

FY2026 against FY2025

IndianaFY2026 to dateFY2025
7(a) approvals6771,239
7(a) dollars$386M$565M
Median 7(a) approval$187K$150K
504 approvals80129
504 dollars$81.6M$131M
Jobs supported, as reported7,47712,673

Questions and answers

Which lenders made the most SBA loans in Indiana in FY2026?

The Huntington National Bank (93), 1st Source Bank (37), Northeast Bank (31), Centier Bank (28), Indiana Statewide Certified Development Corporation (27). 117 lenders had at least one approval.

How many SBA loans were approved in Indiana in FY2026?

757 to 30 Jun 2026: 677 under 7(a) worth $386M and 80 under 504 worth $81.6M.

Which Indiana counties had the most SBA approvals in FY2026?

Marion County (146), Hamilton County (76), Lake County (49), Porter County (39), Allen County (34).

When does FY2026 start and end?

The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.

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