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SBA lenders in Goshen, IN

SBA 7(a) and 504 loans to businesses in Goshen (Elkhart County), October 2021 to June 30, 2026 · Updated October 15, 2026
28
SBA loans approved
$9.3M
Total approved
$136,000
Median loan
14
Lenders active
29%
To startups

28 SBA loans worth $9.3M went to businesses in Goshen, IN between October 2021 and June 2026, from 14 lenders. 1st Source Bank made the most, 5 loans. The median loan was $136,000, compared with $171,000 across Indiana, and professional and technical services was the most financed industry.

Most active SBA lenders in Goshen

#LenderLoansApprovedMedian loanTo startups
11st Source Bank
Bank · South Bend, IN
5$1.9M$150,0000%
2Northwest Bank
Bank · Warren, PA
4$389K$94,300100%
3Everwise Credit Union
Credit union · South Bend, IN
3$153K$25,0000%
4Business Development Corporation (BDC)
Certified development company · South Bend, IN
2$2.4M$1,198,0000%
5United Midwest Savings Bank
Bank · Degraff, OH
2$2.2M$1,095,00050%
6Newtek Bank
Bank · Miami, FL
2$450K$225,0000%
7KeyBank
Bank · Cleveland, OH
2$200K$100,000100%
8Huntington National Bank
Bank · Columbus, OH
2$51K$25,5000%
9Inova Federal Credit Union
Credit union · Elkhart, IN
1$500K$500,0000%
10Premier Capital
Certified development company · Indianapolis, IN
1$411K$411,0000%
11Northeast Bank
Bank · Portland, ME
1$258K$258,1000%
12Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$150K$150,0000%
13BayFirst National Bank
Bank · St. Petersburg, FL
1$150K$150,0000%
14Lake City Bank
Bank · Warsaw, IN
1$90K$90,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Goshen. For 504 loans the lender shown is the certified development company.

What gets financed in Goshen

IndustryLoansShareMedian loanMost active lender
Professional and technical services5
18%
$150,0001st Source Bank
Restaurants and hotels4
14%
$66,500Everwise Credit Union
Administrative and support services4
14%
$204,050United Midwest Savings Bank
Transportation and warehousing3
11%
$26,000Huntington National Bank
Construction3
11%
$185,000Inova Federal Credit Union
Arts, entertainment and recreation2
7%
$280,500BayFirst National Bank
Education2
7%
$69,300Northwest Bank
Utilities2
7%
$125,000Northwest Bank
Loan size mix
  • Under $150,00050%
  • $150,000 to $500,00036%
  • $500,000 to $2 million7%
  • $2 million and up7%
Compared with Indiana
Median loan, Goshen
$136,000
Median loan, Indiana
$171,000
Startup share, Goshen
29%
Startup share, Indiana
35%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Goshen

071320FY14: 4 loansFY14FY15: 7 loansFY15FY16: 5 loansFY16FY17: 17 loansFY1717FY18: 12 loansFY18FY19: 10 loansFY19FY20: 1 loansFY20FY21: 5 loansFY21FY22: 6 loansFY22FY23: 7 loansFY23FY24: 9 loansFY24FY25: 4 loansFY25FY26 (Oct to Jun): 2 loansFY262
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.