Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Indiana.
In 2022 there were 109 SBA lenders that approved 1,129 SBA 7(a) loans for projects in Indiana totaling $495,891,800. The average loan amount was $439,231. Borrowers from 197 cities were approved for projects in Indiana for 260 industries. The SBA loan approvals in 2022 represent 12,104 jobs supported or saved in Indiana.
There were 104 franchise branded businesses receiving 164 loan approvals for $117,431,400 with an average loan amount of $716,045.
Our forecast model projects $544 million in total Indiana SBA 7(a) loan approval amounts in 2023 with $137 million to franchise businesses.
Indiana Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Indiana Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
