SBA lending by district
SBA lending in IN-02
SBA 7(a) and 504 financing in Indiana's 2nd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 2,566
- Total funded
- $1.1B
- Average loan
- $425K
- 7(a) charge-off
- 2.4%
Borrowers in Indiana's 2nd district took 2,566 SBA loans worth $1.1B since FY2010, averaging $425K. Of the 2,206 7(a) loans, 2.4% have charged off. See the rest of Indiana.
SBA funded volume by fiscal year
Top SBA lenders in IN-02
- 1. 1st Source Bank $138.7M
- 2. Business Development Corporation (BDC) $134.3M
- 3. KeyBank National Association $46.8M
- 4. The Huntington National Bank $46.6M
- 5. Live Oak Banking Company $46.0M
- 6. Byline Bank $38.5M
- 7. Millennium Bank $36.7M
- 8. Old National Bank $29.4M
- 9. First State Bank of Middlebury $28.5M
- 10. GBank $25.8M
Method. SBA 7(a) and 504 loans the SBA recorded in IN-02,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.