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SBA lending by metro area

SBA lenders in Evansville, IN

Which lenders fund Evansville-area businesses, how much, and how the market compares with Indiana: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
717
Total funded
$346.8M
Average loan
$484K
7(a) charge-off
2.6%

Top SBA lenders in the Evansville area

Ranked by SBA volume funded to businesses located in the Evansville metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Premier Capital Corporation 81 $39.4M $486K not reported
2 German American Bank 133 $33.6M $252K 0.75%
3 Indiana Statewide Certified Development Corporation 29 $28.5M $984K not reported
4 Old National Bank 42 $27.4M $653K 4.76%
5 The First National Bank of Carmi 28 $25.7M $919K 3.57%
6 Legence Bank 49 $20.2M $413K 4.08%
7 First Federal Savings Bank 51 $19.4M $381K 1.96%
8 Heritage Federal Credit Union 67 $13.0M $194K 0.00%
9 Field & Main Bank 17 $12.8M $756K not reported
10 Farmers State Bank of Alto Pass, Illinois 15 $11.9M $794K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Evansville compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Evansville area $222K ▲ 48.0% 15.5% ▲ 3.8 pts
Indiana$150K11.7%
United States$179K11.2%

What gets funded in Evansville

IndustryLoansTotal funded
Accommodation and Food Services 121 $89.2M
Manufacturing 71 $54.0M
Retail Trade 99 $34.7M
Other Services 99 $33.2M
Construction 63 $23.5M
Professional and Technical Services 46 $19.0M
Real Estate 26 $14.4M
Arts, Entertainment, Recreation 25 $12.3M

SBA lending in Evansville by year

Geography, precisely

"Evansville area" here means the Evansville, IN metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Posey County, IN; Vanderburgh County, IN; Warrick County, IN. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.