46 SBA loans worth $18.6M went to businesses in Franklin, IN between October 2021 and June 2026, from 18 lenders. Huntington National Bank made the most, 27 loans. The median loan was $95,000, compared with $171,000 across Indiana, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 27 | $3.3M | $50,000 | 41% |
| 2 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $2.2M | $1,077,500 | 50% |
| 3 | First Financial Bank Bank · Cincinnati, OH | 2 | $315K | $157,650 | 100% |
| 4 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $3.9M | $3,900,000 | 0% |
| 5 | Centier Bank Bank · Whiting, IN | 1 | $2.9M | $2,875,500 | 0% |
| 6 | Premier Capital Certified development company · Indianapolis, IN | 1 | $1.6M | $1,567,000 | 0% |
| 7 | Wilmington Savings Fund Society FSB Bank · Wilmington, DE | 1 | $1.2M | $1,160,000 | 100% |
| 8 | Stock Yards Bank & Trust Bank · Louisville, KY | 1 | $940K | $939,600 | 0% |
| 9 | Byline Bank Bank · Chicago, IL | 1 | $660K | $660,000 | 0% |
| 10 | Merchants Bank of Indiana Bank · Carmel, IN | 1 | $557K | $556,700 | 100% |
| 11 | DeMotte State Bank Bank · Demotte, IN | 1 | $360K | $360,000 | 100% |
| 12 | Farmers Bank, Frankfort, Indiana Bank · Frankfort, IN | 1 | $348K | $348,000 | 100% |
| 13 | East West Bank Bank · Pasadena, CA | 1 | $270K | $270,000 | 100% |
| 14 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $90K | $90,000 | 0% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 10 | $25,000 | Huntington National Bank | |
| Restaurants and hotels | 9 | $204,500 | Huntington National Bank | |
| Construction | 9 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 4 | $175,000 | Huntington National Bank | |
| Retail | 4 | $52,500 | Huntington National Bank | |
| Administrative and support services | 3 | $215,300 | First Financial Bank | |
| Other services (repair, personal care) | 2 | $37,500 | Newtek Bank | |
| Professional and technical services | 2 | $1,077,500 | United Midwest Savings Bank |