SBA Loans for Insurance Agencies and Brokerages in Indiana: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
15
in Indiana
Median Loan Size
$210,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $210,000.
Key trends & insights
- Insurance Agencies and Brokerages in Indiana lending is concentrated — Live OAK Banking Company, THE Huntington National Bank, Readycap Lending, LLC together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Live OAK Banking Company leads this industry with 4 approvals (27% market share) and a median loan of $495,000.
- Insurance Agencies and Brokerages in Indiana loans skew smaller than the SBA average at $210,000 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 Insurance Agencies and Brokerages in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $495,000 | |
| 2 | 3 | $60,000 | |
| 3 | 2 | $319,250 | |
| 4 | 1 | $210,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $332,800 | |
| 7 | 1 | $153,000 | |
| 8 | 1 | $998,000 | |
| 9 | 1 | $142,200 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | The First National Bank of Carmi | Int*****LLC | Newburgh, IN | $689,000 |
| 2025-08 | Cadence Bank | Ins*****nc. | LEESBURG, IN | $210,000 |
| 2025-02 | Newtek Bank, National Association | The*****ncy | Indianapolis, IN | $100,000 |
| 2025-02 | Byline Bank | ALB*****INC | LAFAYETTE, IN | $415,000 |
| 2024-12 | The Huntington National Bank | FAI*****INC | GREENWOOD, IN | $60,000 |
| 2024-07 | JPMorgan Chase Bank, National Association | Adv*****LLC | FORT WAYNE, IN | $400,000 |
| 2023-11 | Centra Credit Union | Sco*****LLC | COLUMBUS, IN | $153,000 |
| 2023-08 | United Midwest Savings Bank National Association | EJW*****Inc | EVANSVILLE, IN | $998,000 |
| 2022-05 | Live Oak Banking Company | JIM*****NC. | CARMEL, IN | $550,000 |
| 2022-04 | Live Oak Banking Company | NOR*****LLC | PLAINFIELD, IN | $845,000 |
| 2021-11 | The Huntington National Bank | WEA*****LLC | Indianapolis, IN | $146,000 |
| 2021-08 | 1st Source Bank | Bas*****LLC | Plymouth, IN | $142,200 |
| 2021-06 | Readycap Lending, LLC | WOL*****NC. | NOBLESVILLE, IN | $75,000 |
| 2021-06 | The Huntington National Bank | Ele*****LLC | Brownsburg, IN | $50,000 |
| 2020-11 | Live Oak Banking Company | Mye*****ted | FORT WAYNE, IN | $440,000 |
| 2020-08 | Readycap Lending, LLC | Wil*****LLC | Indianapolis, IN | $563,500 |
| 2020-02 | Mechanics and Farmers Bank | The*****LLC | Whiteland, IN | $332,800 |
| 2019-11 | United Bank of Philadelphia | Ste*****zie | Indianapolis, IN | $100,000 |
| 2019-11 | Live Oak Banking Company | Dou*****LLC | EVANSVILLE, IN | $390,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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