SBA Loans for Restaurants & Lodging in Indiana
Since fiscal year 2021, at least 125 lenders made 928 SBA loans to Restaurants & Lodging businesses in Indiana. These are the most active, based on public SBA data.
Most active SBA lenders for Restaurants & Lodging in Indiana
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 171 | $231,767 | 32% | 7(a), Express |
| 2 | 1st Source Bank South Bend, IN | 49 | $208,400 | 58% | 7(a), Express |
| 3 | Centier Bank Whiting, IN | 41 | $267,059 | 41% | 7(a), Express |
| 4 | GBank Las Vegas, NV | 39 | $3,455,740 | 23% | 7(a) |
| 5 | Shoreham Bank Warwick, RI | 31 | $2,018,265 | 65% | 7(a) |
| 6 | KeyBank National Association Cleveland, OH | 26 | $508,521 | 62% | 7(a), Express |
| 7 | Merchants Bank of Indiana Carmel, IN | 26 | $880,355 | 33% | 7(a), Express |
| 8 | Millennium Bank Des Plaines, IL | 21 | $2,574,083 | 4% | 7(a) |
| 9 | Flagship Enterprise Center, Inc. (dba Bankable) Anderson, IN | 19 | $159,189 | 51% | 7(a) |
| 10 | Old National Bank Evansville, IN | 19 | $806,893 | 34% | 7(a), Express |
Related guide: SBA Loans for Restaurants
Other industries in Indiana
- Construction873 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 Restaurants & Lodging 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 Restaurants & Lodging businesses get in Indiana?
928 SBA loans since fiscal year 2021, from at least 125 different lenders.
Which SBA loan fits a Restaurants & Lodging 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.