SBA Loans for Hotels (except Casino Hotels) and Motels in Indiana: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
31
in Indiana
Median Loan Size
$2,392,400
per approval
Recent Activity
2
last 90 days through Dec 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 31 approvals on record and a median loan size of $2,392,400.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in Indiana lending is concentrated — Shoreham Bank, Gbank, Millennium Bank together account for 61% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Shoreham Bank leads this industry with 8 approvals (26% market share) and a median loan of $2,785,000.
- Hotels (except Casino Hotels) and Motels in Indiana loans run larger than the SBA average — a $2,392,400 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $2,785,000 | |
| 2 | 7 | $3,405,000 | |
| 3 | 4 | $1,525,000 | |
| 4 | 2 | $2,171,200 | |
| 5 | 1 | $2,020,000 | |
| 6 | 1 | $5,000,000 | |
| 7 | 1 | $2,121,000 | |
| 8 | 1 | $1,270,000 | |
| 9 | 1 | $75,000 | |
| 10 | 1 | $2,400,000 | |
| 11 | 1 | $700,000 | |
| 12 | 1 | $5,000,000 | |
| 13 | 1 | $347,000 | |
| 14 | 1 | $1,447,500 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | GBank | AVY****LLC | Auburn, IN | $3,805,000 |
| 2025-08 | GBank | OM *****LLC | Hammond, IN | $2,392,400 |
| 2025-02 | Northeast Bank | Om *****LLC | Georgetown, IN | $75,000 |
| 2025-01 | US Metro Bank | BK****NC. | MERRILLVILLE, IN | $347,000 |
| 2024-11 | Shoreham Bank | Har*****Inc | COLUMBUS, IN | $4,520,000 |
| 2024-11 | Everwise Credit Union | HAJ*****LLC | Indianapolis, IN | $5,000,000 |
| 2024-10 | GBank | ANJ*****LLC | Fishers, IN | $5,000,000 |
| 2024-08 | GBank | Sha*****LLC | Elkhart, IN | $3,108,000 |
| 2024-08 | United Midwest Savings Bank National Association | AAD****INC | COLUMBUS, IN | $2,121,000 |
| 2024-07 | Shoreham Bank | Kas*****LLC | COLUMBUS, IN | $2,695,000 |
| 2024-06 | Shoreham Bank | Shr*****LLC | INDIANAPOLIS, IN | $2,260,000 |
| 2024-03 | GBank | SAN*****LLC | Fort Wayne, IN | $4,047,700 |
| 2024-01 | GBank | RAJ*****LLC | Indianapolis, IN | $3,405,000 |
| 2023-08 | Millennium Bank | 546*****Inc | Indianapolis, IN | $5,000,000 |
| 2023-06 | Shoreham Bank | Jay*****LLC | INDIANAPOLIS, IN | $2,930,000 |
| 2023-02 | Shoreham Bank | Hap*****LLC | PORTAGE, IN | $776,000 |
| 2022-11 | Millennium Bank | Jay*****LLC | Elkhart, IN | $1,846,200 |
| 2022-11 | PromiseOne Bank | JAN*****INC | FORT WAYNE, IN | $700,000 |
| 2022-06 | Centerstone SBA Lending, Inc. | HUN***** IN | HUNTINGTON, IN | $1,270,000 |
| 2022-05 | Millennium Bank | Kri*****LLC | Elkhart, IN | $1,350,000 |
| 2022-03 | Merchants Bank of Indiana | RAC*****LLC | Michigan City, IN | $2,132,400 |
| 2022-01 | Shoreham Bank | Ra****Inc | FORT WAYNE, IN | $2,880,000 |
| 2021-12 | Citizens Bank | KAL*****INC | EVANSVILLE, IN | $2,400,000 |
| 2021-11 | Millennium Bank | KAN*****LLC | South Bend, IN | $1,445,000 |
| 2021-08 | First Federal Savings Bank | Swa*****LLC | Fort Wayne, IN | $1,506,000 |
| 2021-08 | Metro City Bank | FAJ*****LLC | INDIANAPOLIS, IN | $2,020,000 |
| 2021-05 | Merchants Bank of Indiana | AAH*****LLC | Indianapolis, IN | $2,210,000 |
| 2021-05 | GBank | AAD*****ORP | MERRILLVILLE, IN | $3,212,000 |
| 2021-05 | Farmers State Bank of Alto Pass, Illinois | AKS*****.C. | INDIANAPOLIS, IN | $604,200 |
| 2021-03 | Farmers State Bank of Alto Pass, Illinois | MOU*****LLC | CARMEL, IN | $5,000,000 |
| 2021-02 | First Western SBLC, Inc | Raj*****LLC | SELLERSBURG, IN | $1,447,500 |
| 2021-01 | Shoreham Bank | PDS*****nc. | Michigan City, IN | $640,000 |
| 2020-08 | Shoreham Bank | Ary*****LLC | Indianapolis, IN | $2,875,000 |
| 2020-05 | Millennium Bank | Mah*****LLC | Fort Wayne, IN | $1,700,000 |
| 2020-05 | Millennium Bank | Mah*****LLC | Fort Wayne, IN | $1,280,000 |
| 2020-02 | GBank | Gal*****LLC | SHELBYVILLE, IN | $2,770,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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