SBA lending by metro area
SBA lenders in Marion, IN
Which lenders fund Marion-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
Top SBA lenders in the Marion area
Ranked by SBA volume funded to businesses located in the Marion micropolitan 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 | Indiana Statewide Certified Development Corporation | 8 | $10.9M | $1.4M | not reported |
| 2 | STAR Financial Bank | 20 | $8.9M | $446K | 5.00% |
| 3 | The Huntington National Bank | 6 | $469K | $78K | 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 Marion compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Marion area | $300K ▲ 100.0% | 12.9% ▲ 1.3 pts |
| Indiana | $150K | 11.7% |
| United States | $179K | 11.2% |
What gets funded in Marion
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 17 | $20.0M |
| Accommodation and Food Services | 21 | $11.2M |
| Retail Trade | 12 | $6.3M |
| Health Care and Social Assistance | 9 | $3.5M |
| Construction | 5 | $3.2M |
| Professional and Technical Services | 5 | $412K |
SBA lending in Marion by year
Geography, precisely
"Marion area" here means the Marion, IN micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Grant 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.