BuyoutLendersSBA 7(a) acquisition
lending data
Bank · Fishers, IN

First Internet Bank of Indiana

Made 543 SBA 7(a) change-of-ownership loans totaling $760.5M in FY2024 to FY2026: #3 of 1,054 lenders by loans and #4 by dollars. Lends in 38 states. Part of First Internet Bcorp.

#3by loans, FY24–26
543loans
$760.5Mapproved
$922Kmedian loan
Where it lends: loans by state of the business
Volume

By fiscal year

Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.

Fiscal yearLoansDollarsMedianShare of all loans
FY2024103$146.0M$933K1.9%
FY2025239$371.7M$1.1M3.5%
FY2026201$242.7M$750K3.0%
Loan size

Deal size mix

48% of its loans were $1M or more.

Where the money goes

Top industries

IndustryLoansDollars
Construction123$157.2M
Professional, Scientific & Technical Services65$100.2M
Retail Trade59$91.6M
Other Services55$63.7M
Manufacturing49$78.5M
Administrative & Support, Waste Mgmt43$49.9M
Health Care & Social Assistance36$48.2M
Wholesale Trade35$59.8M
Business location

Top states

Business stateLoansDollars
Florida117$176.5M
Texas56$67.9M
California38$62.3M
Indiana34$39.5M
Colorado31$28.0M
Michigan25$29.9M
Georgia22$24.9M
New York20$24.6M
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