SBA Loans for Commercial and Institutional Building Construction in Indiana: Top Lenders
NAICS 236NAICS 236 covers commercial and institutional building construction businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
35
in Indiana
Median Loan Size
$150,000
per approval
Recent Activity
2
last 90 days through Jul 2025
NAICS 236 covers commercial and institutional building construction businesses. This is a smaller category in SBA 7(a) lending with 35 approvals on record and a median loan size of $150,000.
Key trends & insights
- THE Huntington National Bank leads this industry with 8 approvals (23% market share) and a median loan of $67,500.
- Commercial and Institutional Building Construction in Indiana loans skew smaller than the SBA average at $150,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Commercial and Institutional Building Construction in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $67,500 | |
| 2 | 3 | $150,000 | |
| 3 | 2 | $15,900 | |
| 4 | 2 | $258,050 | |
| 5 | 2 | $100,000 | |
| 6 | 2 | $158,100 | |
| 7 | 2 | $190,000 | |
| 8 | 2 | $325,000 | |
| 9 | 1 | $250,000 | |
| 10 | 1 | $350,000 | |
| 11 | 1 | $1,000,000 | |
| 12 | 1 | $150,000 | |
| 13 | 1 | $37,000 | |
| 14 | 1 | $500,000 | |
| 15 | 1 | $95,000 | |
| 16 | 1 | $50,000 | |
| 17 | 1 | $50,000 | |
| 18 | 1 | $150,000 | |
| 19 | 1 | $832,000 | |
| 20 | 1 | $100,000 |
Recent SBA 7(a) approvals for Commercial and Institutional Building Construction in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-07 | First Bank of the Lake | Mul*****LLC | INDIANAPOLIS, IN | $366,100 |
| 2025-06 | First Financial Bank, National Association | Bey*****Inc | Indianapolis, IN | $500,000 |
| 2025-05 | KeyBank National Association | Cun*****LLC | Lebanon, IN | $350,000 |
| 2025-04 | Northeast Bank | R a*****Inc | Cloverdale, IN | $250,000 |
| 2025-04 | BayFirst National Bank | TOT*****.C. | LAFAYETTE, IN | $150,000 |
| 2025-03 | Newtek Bank, National Association | Eff*****LLC | Indianapolis, IN | $1,000,000 |
| 2025-03 | The Huntington National Bank | Mav*****LLC | ODON, IN | $500,000 |
| 2025-02 | Readycap Lending, LLC | Pro*****LLC | Lynnville, IN | $50,000 |
| 2025-02 | First Merchants Bank | TC *****Inc | FISHERS, IN | $100,000 |
| 2025-02 | Fifth Third Bank | Cob*****nc. | ANDERSON, IN | $50,000 |
| 2024-12 | First Merchants Bank | BGW*****LC. | PLAINFIELD, IN | $100,000 |
| 2024-08 | JPMorgan Chase Bank, National Association | R *****LLC | INDIANAPOLIS, IN | $37,000 |
| 2024-06 | First Bank of the Lake | THE*****NC. | FISHERS, IN | $150,000 |
| 2024-02 | Stock Yards Bank & Trust Company | L.S*****LLC | INDIANAPOLIS, IN | $125,000 |
| 2024-02 | Stock Yards Bank & Trust Company | L.S*****LLC | INDIANAPOLIS, IN | $191,200 |
| 2023-11 | BayFirst National Bank | Hus*****LLC | INDIANAPOLIS, IN | $66,400 |
| 2023-08 | BayFirst National Bank | The*****Inc | FISHERS, IN | $150,000 |
| 2023-04 | The Huntington National Bank | BUI*****LLC | Greenwood, IN | $32,700 |
| 2023-03 | KeyBank National Association | Vic*****Inc | Elkhart, IN | $30,000 |
| 2023-02 | Citizens State Bank of New Castle | UNI*****LLC | Greenfield, IN | $150,000 |
| 2023-02 | STAR Financial Bank | Cou*****LLC | INDIANAPOLIS, IN | $150,000 |
| 2023-01 | The Huntington National Bank | Fra*****LLC | Indianapolis, IN | $100,000 |
| 2022-08 | BayFirst National Bank | RLS*****LLC | NOBLESVILLE, IN | $150,000 |
| 2022-08 | 1st Source Bank | Bui*****LLC | GRANGER, IN | $25,000 |
| 2022-08 | 1st Source Bank | Bui*****LLC | GRANGER, IN | $6,800 |
| 2022-06 | PNC Bank, National Association | J &*****LLC | INDIANAPOLIS, IN | $95,000 |
| 2022-02 | Newtek Small Business Finance, Inc. | Rog*****LLC | BLOOMINGTON, IN | $100,000 |
| 2022-01 | The Huntington National Bank | STR*****LLC | Carmel, IN | $300,000 |
| 2021-08 | Citizens State Bank of New Castle | The*****LLC | Indianapolis, IN | $500,000 |
| 2021-06 | Heritage Federal Credit Union | F &*****LLP | Evansville, IN | $150,000 |
| 2021-03 | First Federal Savings Bank | Len*****LLC | Woodburn, IN | $832,000 |
| 2020-05 | The Huntington National Bank | NWI*****nc. | Lowell, IN | $85,000 |
| 2020-05 | The Huntington National Bank | Gra*****cht | Indianapolis, IN | $25,000 |
| 2020-02 | First Internet Bank of Indiana | PRO*****LLC | Indianapolis, IN | $350,000 |
| 2019-11 | The Huntington National Bank | Tay*****Inc | NOBLESVILLE, IN | $50,000 |
| 2019-10 | The Huntington National Bank | GRE*****LLC | Westfield, IN | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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