Indiana · Restaurants & Hotels
SBA loans for restaurants & hotels in Indiana
3,104 loans worth $2.07B approved since FY2010 for accommodation and food services projects located in Indiana.
Loans
3,104
Approved
$2.07B
Median loan
$276,350
-8% vs sector nationally
Median rate
6.01%
Jobs supported
53,484
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in Indiana
| Lender | Loans | Approved | Share |
|---|---|---|---|
| GBank | 67 | $200.0M | |
| Indiana Statewide Certified Development Corporation | 125 | $132.0M | |
| The Huntington National Bank | 479 | $128.8M | |
| Millennium Bank | 45 | $103.7M | |
| Byline Bank | 79 | $95.4M | |
| Premier Capital Corporation | 108 | $88.0M | |
| Shoreham Bank | 39 | $86.0M | |
| First Western SBLC, LLC | 44 | $79.7M |
Detail
Which industries inside the sector
All SBA lending in Indiana
22,278 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Indiana?
- 3,104 SBA loans totalling $2,068,625,200 have been approved for accommodation and food services projects in Indiana since FY2010.
- Which lenders finance restaurants & hotels in Indiana?
- The most active by dollars approved are GBank, Indiana Statewide Certified Development Corporation, The Huntington National Bank, Millennium Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Indiana?
- The median approval is $276,350, 8% below the national median for this sector ($300,000).
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