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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
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in Indiana since FY2010 was $276,350. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
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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