First Internet Bank of Indiana approved 1,588 SBA loans worth $2.1B between October 2021 and June 2026, ranking #28 of 2,283 SBA lenders nationally by loan count. Its median loan was $893,000, and 44% went to startups or businesses under two years old. It lent in 48 states, most often in Florida, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 280 | $396.9M | $922,000 | #18 |
| Texas | 222 | $266.6M | $775,500 | #22 |
| California | 165 | $230.9M | $954,000 | #47 |
| Michigan | 134 | $180.2M | $1,198,500 | #13 |
| Colorado | 85 | $86.8M | $565,000 | #23 |
| Indiana | 63 | $85.5M | $920,000 | #28 |
| Georgia | 55 | $70.3M | $749,000 | #38 |
| New York | 43 | $65.7M | $954,000 | #52 |
| Washington | 39 | $55.2M | $934,000 | #45 |
| Illinois | 39 | $63.8M | $815,000 | #43 |
| Nevada | 36 | $46.8M | $1,265,000 | #20 |
| North Carolina | 34 | $46.5M | $1,000,000 | #45 |
| Ohio | 34 | $35.6M | $475,000 | #42 |
| Wisconsin | 32 | $39.7M | $726,000 | #36 |
| Arizona | 31 | $42.7M | $625,000 | #42 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 301 | $858,000 | |
| Retail | 251 | $954,000 | |
| Restaurants and hotels | 163 | $714,000 | |
| Professional and technical services | 159 | $957,000 | |
| Manufacturing | 136 | $878,500 | |
| Other services (repair, personal care) | 122 | $935,500 | |
| Administrative and support services | 113 | $843,000 | |
| Health care and social assistance | 90 | $795,000 | |
| Wholesale trade | 83 | $1,053,000 | |
| Arts, entertainment and recreation | 57 | $613,000 |