SBA Loans for Data Processing in Indiana: Top Lenders

NAICS 518

NAICS 518 covers data processing, hosting, and related services businesses in Indiana. Based on historical SBA 7(a) lending data.

Total Approvals

2

in Indiana

Median Loan Size

$97,500

per approval

Recent Activity

0

last 90 days through Jan 2024

NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $97,500.

Key trends & insights

  • Data Processing in Indiana loans skew smaller than the SBA average at $97,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-01-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Data Processing in Indiana

#LenderApprovalsMedian Size
12$97,500

Recent SBA 7(a) approvals for Data Processing in Indiana

MonthLenderBorrowerAmount
2024-01The Huntington National BankPRA*****LTD$45,000
2022-01The Huntington National BankPRO*****TED$150,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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