SBA Loans for Data Processing in Indiana: Top Lenders
NAICS 518NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $97,500 |
Recent SBA 7(a) approvals for Data Processing in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-01 | The Huntington National Bank | PRA*****LTD | VALPARAISO, IN | $45,000 |
| 2022-01 | The Huntington National Bank | PRO*****TED | INDIANAPOLIS, IN | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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