SBA Loans for Manufacturing in Indiana
Since fiscal year 2021, at least 55 lenders made 514 SBA loans to Manufacturing businesses in Indiana. These are the most active, based on public SBA data.
Most active SBA lenders for Manufacturing in Indiana
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 70 | $231,767 | 32% | 7(a), Express |
| 2 | 1st Source Bank South Bend, IN | 65 | $208,400 | 58% | 7(a), Express |
| 3 | Centier Bank Whiting, IN | 35 | $267,059 | 41% | 7(a), Express |
| 4 | Old National Bank Evansville, IN | 17 | $806,893 | 34% | 7(a), Express |
| 5 | Horizon Bank Michigan City, IN | 16 | $432,515 | 46% | 7(a), Express |
| 6 | First Financial Bank Cincinnati, OH | 15 | $426,068 | 34% | 7(a), Express |
| 7 | Newtek Bank, National Association Miami, FL | 14 | $466,715 | 19% | 7(a), Express |
| 8 | Stock Yards Bank & Trust Company Louisville, KY | 13 | $672,349 | 32% | 7(a), Express |
| 9 | German American Bank Jasper, IN | 12 | $334,899 | 43% | 7(a), Express |
| 10 | BayFirst National Bank Saint Petersburg, FL | 11 | $151,439 | 5% | 7(a) |
Related guide: Buying Your Own Building with an SBA 504
Other industries in Indiana
- Restaurants & Lodging928 loans
- Construction873 loans
- Trucking & Transportation685 loans
- Personal Services & Repair682 loans
- Retail Stores654 loans
- Health Care546 loans
- Professional Services536 loans
- Cleaning, Landscaping & Admin427 loans
Frequently asked questions
Which lenders make the most SBA loans to Manufacturing businesses in Indiana?
Based on public SBA data, the most active were The Huntington National Bank, 1st Source Bank, Centier Bank.
How many SBA loans did Manufacturing businesses get in Indiana?
514 SBA loans since fiscal year 2021, from at least 55 different lenders.
Which SBA loan fits a Manufacturing 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.