SBA business acquisition loans in Indiana
407 SBA 7(a) change-of-ownership loans totaling $503.8M in FY2024 to FY2026, median $650K, from 89 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Huntington National BankColumbus, OH | 69 | $59.8M | $350K | +57% |
| 2 | Old National BankEvansville, IN | 38 | $38.5M | $500K | −40% |
| 3 | First Internet Bank of IndianaFishers, IN | 34 | $39.5M | $687K | +300% |
| 4 | Live Oak Banking CompanyWilmington, NC | 22 | $34.6M | $1.2M | +86% |
| 5 | GBankLas Vegas, NV | 17 | $67.6M | $4.0M | −56% |
| 6 | Stock Yards Bank & Trust CompanyLouisville, KY | 12 | $16.0M | $548K | +100% |
| 6 | Citizens State Bank of New CastleNew Castle, IN | 12 | $10.2M | $710K | −20% |
| 8 | Byline BankChicago, IL | 11 | $15.5M | $1.2M | +200% |
| 8 | Horizon BankMichigan City, IN | 11 | $9.7M | $180K | −60% |
| 10 | Centier BankWhiting, IN | 10 | $12.7M | $876K | +25% |
| 11 | First Bank RichmondFrankfort, IN | 9 | $6.2M | $259K | −67% |
| 12 | First Financial Bank (Cincinnati, OH)Cincinnati, OH | 8 | $7.0M | $450K | new |
| 13 | Merchants Bank of IndianaCarmel, IN | 6 | $7.8M | $610K | +50% |
| 13 | United Midwest Savings BankDegraff, OH | 6 | $5.2M | $664K | +50% |
| 13 | Fifth Third BankCincinnati, OH | 6 | $5.2M | $709K | +50% |
| 13 | Flagship Enterprise Center, Inc. (dba Bankable)Anderson, IN | 6 | $1.1M | $130K | +300% |
| 17 | Shoreham BankWarwick, RI | 5 | $13.5M | $2.7M | new |
| 17 | First Bank of Central OhioWorthington, OH | 5 | $11.3M | $1.5M | −50% |
| 19 | Centra Credit UnionColumbus, IN | 4 | $3.4M | $848K | new |
| 19 | 1st Source BankSouth Bend, IN | 4 | $2.7M | $596K | new |
| 19 | First Federal Savings Bank (Huntington, IN)Huntington, IN | 4 | $2.2M | $561K | +0% |
| 19 | STAR Financial BankFort Wayne, IN | 4 | $1.8M | $411K | −100% |
| 19 | Owen County State BankSpencer, IN | 4 | $1.2M | $262K | new |
| 24 | ReadyCap LendingBerkeley Heights, NJ | 3 | $5.9M | $1.8M | +0% |
| 24 | Centerstone SBA Lending, Inc.Los Angeles, CA | 3 | $3.9M | $1.5M | −100% |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K133 loans · 33% · $20.2M
- $350K to $1M116 loans · 29% · $71.8M
- $1M to $2M74 loans · 18% · $107.4M
- $2M to $5M84 loans · 21% · $304.3M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 131 | $158.5M |
| FY2025 | 114 | $146.8M |
| FY2026 | 162 | $198.5M |
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