SBA Loans for Construction in Indiana
Since fiscal year 2021, at least 91 lenders made 873 SBA loans to Construction businesses in Indiana. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in Indiana
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 222 | $231,767 | 32% | 7(a), Express |
| 2 | 1st Source Bank South Bend, IN | 57 | $208,400 | 58% | 7(a), Express |
| 3 | STAR Financial Bank Fort Wayne, IN | 45 | $220,340 | 12% | 7(a), Express |
| 4 | First Merchants Bank Indianapolis, IN | 36 | $254,675 | 13% | 7(a), Express |
| 5 | Northeast Bank Lewiston, ME | 29 | $145,642 | 13% | 7(a) |
| 6 | Old National Bank Evansville, IN | 27 | $806,893 | 34% | 7(a), Express |
| 7 | JPMorgan Chase Bank, National Association Columbus, OH | 27 | $203,534 | 8% | 7(a), Express |
| 8 | Centier Bank Whiting, IN | 22 | $267,059 | 41% | 7(a), Express |
| 9 | U.S. Bank, National Association Cincinnati, OH | 22 | $243,146 | 35% | 7(a), Express |
| 10 | PNC Bank, National Association Wilmington, DE | 22 | $183,072 | 42% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in Indiana
- Restaurants & Lodging928 loans
- Trucking & Transportation685 loans
- Personal Services & Repair682 loans
- Retail Stores654 loans
- Health Care546 loans
- Professional Services536 loans
- Manufacturing514 loans
- Cleaning, Landscaping & Admin427 loans
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in Indiana?
Based on public SBA data, the most active were The Huntington National Bank, 1st Source Bank, STAR Financial Bank.
How many SBA loans did Construction businesses get in Indiana?
873 SBA loans since fiscal year 2021, from at least 91 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.