Indiana
Top SBA lenders in Indianapolis
Businesses in the Indianapolis area have received $1.9B across 4,558 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Indianapolis | Rating |
|---|---|---|---|
| 1 | The Huntington National Bank | $282M | 2.2(69) |
| 2 | KeyBank National Association | $124M | 5.0(2) |
| 3 | Old National Bank | $81M | 2.4(49) |
| 4 | First Internet Bank of Indiana | $77M | 4.4(557) |
| 5 | Byline Bank | $75M | 2.5(18) |
| 6 | Merchants Bank of Indiana | $63M | 4.8(25) |
| 7 | First Merchants Bank | $56M | 4.1(21) |
| 8 | GBank | $49M | 4.2(81) |
| 9 | Live Oak Banking Company | $45M | 3.4(145) |
| 10 | Wells Fargo Bank National Association | $45M | 3.0(23) |
| 11 | BMO Bank National Association | $44M | 1.8(30) |
| 12 | Lake City Bank | $42M | 3.4(29) |
| 13 | Stock Yards Bank & Trust Company | $40M | 4.0(25) |
| 14 | First Financial Bank | $38M | 2.8(9) |
| 15 | STAR Financial Bank | $37M | 4.6(152) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Indiana SBA lenders →
SBA lenders in Indianapolis — common questions
Which SBA lender is most active in Indianapolis?
The Huntington National Bank has approved the most SBA 7(a) & 504 funding for Indianapolis-area businesses — $282M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Indianapolis businesses received?
Businesses in the Indianapolis area have received $1.9B across 4,558 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Indianapolis?
No. SBA loans are federal, so a national or out-of-state lender can fund your Indianapolis business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Indianapolis SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Indianapolis area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
Getting an SBA loan in Indianapolis?
Tell us what you need and we'll match you with lenders active in your area — you choose who to talk to.
Get matched with lenders