54 SBA loans worth $34.7M went to businesses in New Albany, IN between October 2021 and June 2026, from 22 lenders. First Harrison Bank made the most, 10 loans. The median loan was $317,900, compared with $171,000 across Indiana, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | First Harrison Bank Bank · Corydon, IN | 10 | $2.1M | $186,400 | 20% |
| 2 | Premier Capital Certified development company · Indianapolis, IN | 8 | $4.2M | $583,000 | 25% |
| 3 | German American Bank Bank · Jasper, IN | 5 | $3.1M | $274,000 | 40% |
| 4 | U.S. Bank Bank · Cincinnati, OH | 4 | $142K | $35,900 | 50% |
| 5 | Huntington National Bank Bank · Columbus, OH | 3 | $5.0M | $500,000 | 0% |
| 6 | Indiana Statewide Certified Development Certified development company · Indianapolis, IN | 3 | $2.7M | $389,000 | 33% |
| 7 | Capital Access Corporation - Kentucky Certified development company · Louisville, KY | 2 | $1.0M | $505,000 | 0% |
| 8 | Byline Bank Bank · Chicago, IL | 2 | $970K | $485,000 | 0% |
| 9 | Stock Yards Bank & Trust Bank · Louisville, KY | 2 | $924K | $462,250 | 50% |
| 10 | First Merchants Bank Bank · Muncie, IN | 2 | $725K | $362,500 | 50% |
| 11 | Northeast Bank Bank · Portland, ME | 2 | $100K | $50,000 | 0% |
| 12 | 1st Financial Bank USA Bank · Dakota Dunes, SD | 1 | $5.0M | $5,000,000 | 0% |
| 13 | Heritage Bank Bank · Burlington, KY | 1 | $5.0M | $5,000,000 | 100% |
| 14 | Wells Fargo Bank Bank · Sioux Falls, SD | 1 | $1.4M | $1,396,800 | 0% |
| 15 | Regional Development Certified development company · Valparaiso, IN | 1 | $936K | $936,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 10 | $472,500 | Premier Capital | |
| Other services (repair, personal care) | 8 | $304,900 | First Harrison Bank | |
| Retail | 8 | $404,000 | Premier Capital | |
| Restaurants and hotels | 7 | $190,000 | First Harrison Bank | |
| Health care and social assistance | 6 | $421,000 | Byline Bank | |
| Administrative and support services | 4 | $50,000 | U.S. Bank | |
| Construction | 4 | $419,750 | First Harrison Bank | |
| Finance and insurance | 2 | $255,000 | First Harrison Bank |