Lender intelligence

Most active SBA lenders in Indiana

Industry:

Indiana has 72 FDIC-insured banks, but only a fraction fund business purchases. These 25 banks closed 722 SBA 7(a) loans in Indiana in the last 12 months. A lender funding deals here every week knows the local market and moves faster — start at the top.

Deal economics— what it takes to buy & finance Indiana acquisitions

$525K

Typical loan

range $241K–$1.42M

$583K

Est. purchase price

≈ loan ÷ 90%

$78,021

Cash to close

$58,333 down + fees

$6,793/mo

Typical payment

~9.5% · 10yr

$93,743/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

99.5%

Still performing

0.5% default · FY20–23

16 days

Typical time to fund

124

Lenders competing

more = leverage

7.38%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

1.2,539 loans · $965M · Columbus, OHFull record →
2.3 loans · $2M · Minneapolis, MNFull record →
3.31 loans · $8M · South Bend, INFull record →
4.25 loans · $5M · Whiting, INFull record →
5.3,264 loans · $846M · Miami, FLFull record →
6.168 loans · $205M · Fishers, INFull record →
7.88 loans · $96M · Muncie, INFull record →
8.1,025 loans · $292M · Berkeley Heights, NJFull record →
9.328 loans · $134M · Cleveland, OHFull record →
10.13 loans · $2M · Anderson, INFull record →
11.284 loans · $254M · Cincinnati, OHFull record →
12.116 loans · $120M · Evansville, INFull record →
13.16 loans · $6M · New Castle, INFull record →
14.575 loans · $220M · De Graff, OHFull record →
15.12 loans · $6M · Newburgh, INFull record →
16.1,296 loans · $1.4B · Wilmington, NCFull record →
17.7 loans · $0M · Fort Wayne, INFull record →
18.868 loans · $362M · Salt Lake City, UTFull record →
19.318 loans · $229M · Osage Beach, MOFull record →
20.15 loans · $4M · Waverly, NEFull record →
21.7 loans · $1M · Indianapolis, INFull record →
22.242 loans · $281M · Chicago, ILFull record →
23.31 loans · $13M · Louisville, KYFull record →
24.128 loans · $40M · Wilmington, DEFull record →
25.12 loans · $3M · Corydon, INFull record →

912+ funded Indiana deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

TSF HOLDINGS LLC in Carmel, IN — $5.0M (2026) · purchase · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.8M (75%)
Approved
3/2/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
85
Business age
Change of Ownership
Industry
Snack and Nonalcoholic Beverage Bars
If you were the buyer here
Est. deal size
$5.6M
Est. down payment (10%)
$556K
Est. cash at closing
$769K
Monthly payment
$64,016
Annual debt service
$768K
Cash flow needed (1.25×)
$960K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
The Roberts Group, Corporation in Carmel, IN — $4.9M (2026) · purchase · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.7M (75%)
Approval → funding
8 days
Approved
11/13/2025
First disbursed
11/21/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Promoters of Performing Arts, Sports, and Similar Events wit
If you were the buyer here
Est. deal size
$5.4M
Est. down payment (10%)
$544K
Est. cash at closing
$753K
Monthly payment
$64,754
Annual debt service
$777K
Cash flow needed (1.25×)
$971K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Pet Supplies Plus in Terre Haute, IN — $4.9M (2026) · purchase · United Community Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.6M (75%)
Approval → funding
5 days
Approved
12/10/2025
First disbursed
12/15/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
37
Business age
Change of Ownership
Industry
Pet and Pet Supplies Retailers
If you were the buyer here
Est. deal size
$5.4M
Est. down payment (10%)
$539K
Est. cash at closing
$746K
Monthly payment
$60,195
Annual debt service
$722K
Cash flow needed (1.25×)
$903K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Community Bank · Lender record →
Your business? Claim this record · Request removal
Advantage Construction Equipment & Parts, Inc. in Henryville, IN — $4.3M (2026) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$3.2M (75%)
Approved
3/25/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
18
Business age
Change of Ownership
Industry
Construction and Mining (except Oil Well) Machinery and Equi
If you were the buyer here
Est. deal size
$4.8M
Est. down payment (10%)
$476K
Est. cash at closing
$658K
Monthly payment
$50,828
Annual debt service
$610K
Cash flow needed (1.25×)
$762K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
MSI Packaging, Inc. in Lebanon, IN — $4.2M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.15% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$3.2M (75%)
Approved
1/14/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Business age
Change of Ownership
Industry
All Other Converted Paper Product Manufacturing
If you were the buyer here
Est. deal size
$4.7M
Est. down payment (10%)
$471K
Est. cash at closing
$651K
Monthly payment
$51,780
Annual debt service
$621K
Cash flow needed (1.25×)
$777K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
McB Enviro Corporation in Indianapolis, IN — $4.0M (2026) · purchase · Bank of America, National Association
Program
Preferred Lenders Program
Rate at approval
5.988% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$3.0M (75%)
Approval → funding
15 days
Approved
1/5/2026
First disbursed
1/20/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
All Other Industrial Machinery Manufacturing
If you were the buyer here
Est. deal size
$4.5M
Est. down payment (10%)
$448K
Est. cash at closing
$619K
Monthly payment
$58,833
Annual debt service
$706K
Cash flow needed (1.25×)
$882K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Bank of America, National Association · Lender record →
Your business? Claim this record · Request removal
AVYANA LLC in Auburn, IN — $3.8M (2026) · purchase · GBank
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.9M (75%)
Approval → funding
10 days
Approved
12/12/2025
First disbursed
12/22/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
8
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$4.2M
Est. down payment (10%)
$423K
Est. cash at closing
$584K
Monthly payment
$30,001
Annual debt service
$360K
Cash flow needed (1.25×)
$450K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by GBank · Lender record →
Your business? Claim this record · Request removal
A & K MOTEL LLC in Elkhart, IN — $3.5M (2026) · purchase · Millennium Bank
Program
7a General
Rate at approval
8.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.6M (75%)
Approved
12/18/2025
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$3.9M
Est. down payment (10%)
$387K
Est. cash at closing
$535K
Monthly payment
$28,652
Annual debt service
$344K
Cash flow needed (1.25×)
$430K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Millennium Bank · Lender record →
Your business? Claim this record · Request removal
ARMM Group Hospitality Inc in South Bend, IN — $3.5M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$2.6M (75%)
Approved
2/17/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$3.8M
Est. down payment (10%)
$385K
Est. cash at closing
$531K
Monthly payment
$30,247
Annual debt service
$363K
Cash flow needed (1.25×)
$454K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Concept Sound + Light, Inc. in Evansville, IN — $3.1M (2026) · purchase · Field & Main Bank
Program
7a General
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.3M (75%)
Approved
3/5/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
21
Business age
Change of Ownership
Industry
Other Sound Recording Industries
If you were the buyer here
Est. deal size
$3.4M
Est. down payment (10%)
$342K
Est. cash at closing
$472K
Monthly payment
$35,703
Annual debt service
$428K
Cash flow needed (1.25×)
$536K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Field & Main Bank
Your business? Claim this record · Request removal
Savor Restaurant in Carmel, IN — $2.9M (2026) · purchase · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.2M (75%)
Approval → funding
28 days
Approved
11/13/2025
First disbursed
12/11/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
41
Business age
Change of Ownership
Industry
Full-Service Restaurants
If you were the buyer here
Est. deal size
$3.2M
Est. down payment (10%)
$319K
Est. cash at closing
$440K
Monthly payment
$37,927
Annual debt service
$455K
Cash flow needed (1.25×)
$569K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
ATHA ENTERPRISES LLC in Indianapolis, IN — $2.5M (2026) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.43% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
13 days
Approved
11/18/2025
First disbursed
12/1/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
95
Business age
Change of Ownership
Industry
Residential Property Managers
If you were the buyer here
Est. deal size
$2.7M
Est. down payment (10%)
$272K
Est. cash at closing
$375K
Monthly payment
$30,285
Annual debt service
$363K
Cash flow needed (1.25×)
$454K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Sanjog LLC in Portage, IN — $2.4M (2026) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
47 days
Approved
11/14/2025
First disbursed
12/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$2.7M
Est. down payment (10%)
$267K
Est. cash at closing
$368K
Monthly payment
$20,969
Annual debt service
$252K
Cash flow needed (1.25×)
$315K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
WESTON LEE, LLC in Richmond, IN — $2.2M (2026) · purchase · First Merchants Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.7M (75%)
Approval → funding
11 days
Approved
1/29/2026
First disbursed
2/9/2026
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
73
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$247K
Est. cash at closing
$340K
Monthly payment
$27,562
Annual debt service
$331K
Cash flow needed (1.25×)
$413K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
KF Accounting Associates LLC in Lagrange, IN — $2.2M (2026) · purchase · UMB Bank, National Association
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.7M (75%)
Approval → funding
15 days
Approved
12/16/2025
First disbursed
12/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Change of Ownership
Industry
Offices of Certified Public Accountants
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$246K
Est. cash at closing
$339K
Monthly payment
$26,860
Annual debt service
$322K
Cash flow needed (1.25×)
$403K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by UMB Bank, National Association · Lender record →
Your business? Claim this record · Request removal
L&E VENTURES, LLC in Richmond, IN — $2.2M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.48% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.6M (75%)
Approved
1/29/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
41
Business age
Change of Ownership
Industry
All Other Miscellaneous Textile Product Mills
If you were the buyer here
Est. deal size
$2.4M
Est. down payment (10%)
$240K
Est. cash at closing
$331K
Monthly payment
$26,783
Annual debt service
$321K
Cash flow needed (1.25×)
$402K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
RP Lodging LLC in Gary, IN — $2.1M (2026) · purchase · Shoreham Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.6M (75%)
Approved
11/19/2025
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
If you were the buyer here
Est. deal size
$2.3M
Est. down payment (10%)
$233K
Est. cash at closing
$321K
Monthly payment
$17,623
Annual debt service
$211K
Cash flow needed (1.25×)
$264K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
C & I Electronics LLC in Evansville, IN — $2.0M (2026) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
7.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.5M (75%)
Approval → funding
44 days
Approved
11/17/2025
First disbursed
12/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Electronic and Precision Equipment Repair and Maintenance
If you were the buyer here
Est. deal size
$2.2M
Est. down payment (10%)
$221K
Est. cash at closing
$305K
Monthly payment
$23,634
Annual debt service
$284K
Cash flow needed (1.25×)
$355K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
BKS MAIN STREET SHOPPES, INC. in Nashville, IN — $1.9M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.5M (75%)
Approved
3/20/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
Gift, Novelty, and Souvenir Retailers
If you were the buyer here
Est. deal size
$2.2M
Est. down payment (10%)
$217K
Est. cash at closing
$298K
Monthly payment
$16,364
Annual debt service
$196K
Cash flow needed (1.25×)
$245K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
NWI Cremations and Funerals LLC in La Porte, IN — $1.9M (2026) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
8.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.5M (75%)
Approval → funding
14 days
Approved
12/5/2025
First disbursed
12/19/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Change of Ownership
Industry
Funeral Homes and Funeral Services
If you were the buyer here
Est. deal size
$2.2M
Est. down payment (10%)
$216K
Est. cash at closing
$297K
Monthly payment
$15,296
Annual debt service
$184K
Cash flow needed (1.25×)
$229K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal

Buying in Indiana? Start with a lender that already funds deals here

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CapBench analysis of public SBA lending records, trailing 12 months. Rankings count funded 7(a) loans with a Indiana project address.

Agent summary

The SBA 7(a) lenders most active in Indiana over the trailing 12 months, from public loan records, led by The Huntington National Bank. A lender that funds deals here every week underwrites faster and knows the local market. CapBench is not a lender.

25 active SBA lenders ranked
722 Indiana loans (12 mo)
$525K typical acquisition loan
16 days typical to fund

Buyers buying in Indiana typically pre-qualify, then ask CapBench to introduce a lender already closing deals here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/state/indiana
API:: https://www.capbench.com/api/public/lenders?state=IN
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.