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SBA lenders in Valparaiso, IN

SBA 7(a) and 504 loans to businesses in Valparaiso (Porter County), October 2021 to June 30, 2026 · Updated October 15, 2026
99
SBA loans approved
$32.9M
Total approved
$180,000
Median loan
24
Lenders active
34%
To startups

99 SBA loans worth $32.9M went to businesses in Valparaiso, IN between October 2021 and June 2026, from 24 lenders. Centier Bank made the most, 29 loans. The median loan was $180,000, compared with $171,000 across Indiana, and construction was the most financed industry.

Most active SBA lenders in Valparaiso

#LenderLoansApprovedMedian loanTo startups
1Centier Bank
Bank · Whiting, IN
29$8.1M$122,80038%
21st Source Bank
Bank · South Bend, IN
23$5.2M$100,00039%
3Regional Development
Certified development company · Valparaiso, IN
13$7.3M$412,00015%
4JPMorgan Chase Bank
Bank · Columbus, OH
5$984K$209,70020%
5Huntington National Bank
Bank · Columbus, OH
4$1.9M$232,50025%
6Horizon Bank
Bank · Michigan City, IN
3$648K$250,00033%
7BayFirst National Bank
Bank · St. Petersburg, FL
3$369K$150,0000%
8Fifth Third Bank
Bank · Cincinnati, OH
2$1.8M$892,5000%
9First Merchants Bank
Bank · Muncie, IN
2$1.3M$650,2500%
10American Community Bank of Indiana
Bank · St. John, IN
1$1.0M$1,000,0000%
11Evolve Bank and Trust
Bank · West Memphis, AR
1$987K$986,700100%
12Business Development Corporation (BDC)
Certified development company · South Bend, IN
1$691K$691,0000%
13U.S. Bank
Bank · Cincinnati, OH
1$500K$500,000100%
14Small Business Growth
Certified development company · Springfield, IL
1$317K$317,0000%
15Midland States Bank
Bank · Effingham, IL
1$300K$300,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Valparaiso. For 504 loans the lender shown is the certified development company.

What gets financed in Valparaiso

IndustryLoansShareMedian loanMost active lender
Construction18
18%
$190,0001st Source Bank
Restaurants and hotels11
11%
$249,8001st Source Bank
Other services (repair, personal care)11
11%
$143,000Regional Development
Retail11
11%
$342,000Centier Bank
Health care and social assistance9
9%
$89,0001st Source Bank
Manufacturing7
7%
$30,0001st Source Bank
Arts, entertainment and recreation7
7%
$350,000Centier Bank
Professional and technical services6
6%
$211,9501st Source Bank
Loan size mix
  • Under $150,00038%
  • $150,000 to $500,00047%
  • $500,000 to $2 million12%
  • $2 million and up2%
Compared with Indiana
Median loan, Valparaiso
$180,000
Median loan, Indiana
$171,000
Startup share, Valparaiso
34%
Startup share, Indiana
35%
Share of state's SBA loans
1.6%

SBA loans per fiscal year in Valparaiso

0173350FY14: 20 loansFY14FY15: 30 loansFY15FY16: 21 loansFY16FY17: 41 loansFY17FY18: 42 loansFY1842FY19: 22 loansFY19FY20: 12 loansFY20FY21: 21 loansFY21FY22: 27 loansFY22FY23: 16 loansFY23FY24: 25 loansFY24FY25: 13 loansFY25FY26 (Oct to Jun): 18 loansFY2618
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.