35 SBA loans worth $13.4M went to businesses in New Castle, IN between October 2021 and June 2026, from 15 lenders. Citizens State Bank of New Castle made the most, 11 loans. The median loan was $150,000, compared with $171,000 across Indiana, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Citizens State Bank of New Castle Bank · New Castle, IN | 11 | $2.5M | $124,000 | 27% |
| 2 | First Merchants Bank Bank · Muncie, IN | 4 | $200K | $50,000 | 25% |
| 3 | Merchants Bank of Indiana Bank · Carmel, IN | 3 | $1.5M | $657,600 | 0% |
| 4 | Old National Bank Bank · Evansville, IN | 2 | $3.4M | $1,716,800 | 100% |
| 5 | MVB Bank Bank · Fairmont, WV | 2 | $1.0M | $517,650 | 50% |
| 6 | Eclipse Bank Bank · Louisville, KY | 2 | $550K | $275,000 | 0% |
| 7 | PNC Bank Bank · Wilmington, DE | 2 | $170K | $85,000 | 100% |
| 8 | STAR Financial Bank Bank · Fort Wayne, IN | 2 | $140K | $70,000 | 0% |
| 9 | Bank Five Nine Bank · Oconomowoc, WI | 1 | $1.5M | $1,530,000 | 100% |
| 10 | Millennium Bank Bank · Des Plaines, IL | 1 | $1.3M | $1,310,300 | 0% |
| 11 | Community First Bank of Indiana Bank · Kokomo, IN | 1 | $470K | $470,000 | 100% |
| 12 | Newtek Bank Bank · Miami, FL | 1 | $250K | $250,000 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 14 | Northeast Bank Bank · Portland, ME | 1 | $126K | $126,000 | 0% |
| 15 | Flagship Enterprise Center, Inc. (dba Bankable) Non-bank lender · Anderson, IN | 1 | $70K | $70,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 7 | $200,000 | PNC Bank | |
| Construction | 6 | $175,000 | First Merchants Bank | |
| Retail | 6 | $410,500 | Citizens State Bank of New Castle | |
| Manufacturing | 6 | $150,000 | Old National Bank | |
| Other services (repair, personal care) | 4 | $229,500 | Citizens State Bank of New Castle | |
| Health care and social assistance | 2 | $196,500 | Citizens State Bank of New Castle | |
| Agriculture, forestry and fishing | 1 | $126,000 | Northeast Bank | |
| Administrative and support services | 1 | $25,000 | Citizens State Bank of New Castle |