30 SBA loans worth $10.7M went to businesses in Schererville, IN between October 2021 and June 2026, from 16 lenders. Centier Bank made the most, 7 loans. The median loan was $219,150, compared with $171,000 across Indiana, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Centier Bank Bank · Whiting, IN | 7 | $2.1M | $371,300 | 43% |
| 2 | Regional Development Certified development company · Valparaiso, IN | 4 | $3.2M | $627,500 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 3 | $379K | $94,900 | 67% |
| 4 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $260K | $130,000 | 100% |
| 5 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $254K | $126,750 | 0% |
| 6 | Horizon Bank Bank · Michigan City, IN | 2 | $245K | $122,400 | 0% |
| 7 | Enterprise Bank & Trust Bank · Clayton, MO | 1 | $2.4M | $2,355,700 | 100% |
| 8 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $465K | $465,000 | 0% |
| 9 | Small Business Growth Certified development company · Springfield, IL | 1 | $455K | $455,000 | 0% |
| 10 | Providence Bank and Trust Bank · South Holland, IL | 1 | $397K | $396,900 | 0% |
| 11 | Northeast Bank Bank · Portland, ME | 1 | $238K | $238,000 | 0% |
| 12 | Magnifi Financial CU Credit union · Melrose, MN | 1 | $133K | $133,000 | 100% |
| 13 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $75K | $75,000 | 0% |
| 14 | Bank of America Bank · Charlotte, NC | 1 | $74K | $73,600 | 0% |
| 15 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $65K | $65,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 7 | $244,500 | Huntington National Bank | |
| Health care and social assistance | 6 | $130,000 | Horizon Bank | |
| Transportation and warehousing | 4 | $84,250 | Huntington National Bank | |
| Wholesale trade | 3 | $200,000 | Centier Bank | |
| Retail | 3 | $513,700 | Regional Development | |
| Administrative and support services | 2 | $447,800 | Centier Bank | |
| Construction | 2 | $91,500 | Magnifi Financial CU | |
| Other services (repair, personal care) | 2 | $409,750 | Readycap Lending |