SBA 7(a) lenders in Daviess, IN
Approvals in SBA fiscal years 2010–2026. Source data as of 2026-06-30.
Lenders
12 institutions have SBA 7(a) loans on record in Daviess, together $23.0M across 70 loans. First Merchants Bank is the largest, with 26% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | First Merchants Bank | 2 | $6.0M | 26.2% | 0.00% |
| 2 | German American Bank | 27 | $4.8M | 20.9% | 0.00% |
| 3 | Old National Bank | 8 | $3.7M | 16.2% | 0.00% |
| 4 | Springs Valley Bank & Trust Company | 17 | $2.7M | 11.7% | 0.00% |
| 5 | First Federal Savings Bank | 2 | $1.6M | 7.0% | 0.00% |
| 6 | The First National Bank of Carmi | 3 | $1.1M | 5.0% | 64.58% |
| 7 | Northeast Bank | 4 | $775K | 3.4% | 0.00% |
| 8 | United Midwest Savings Bank National Association | 1 | $666K | 2.9% | 0.00% |
| 9 | First Financial Bank, National Association | 2 | $597K | 2.6% | 0.00% |
| 10 | The Huntington National Bank | 1 | $500K | 2.2% | 0.00% |
| 11 | Northwest Bank | 2 | $432K | 1.9% | 0.00% |
| 12 | Readycap Lending, LLC | 1 | $20K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Transportation & warehousing | 4 | $4.5M | 19.7% |
| 2 | Accommodation & food services | 9 | $3.6M | 15.8% |
| 3 | Retail trade | 9 | $3.3M | 14.2% |
| 4 | Other services | 8 | $2.2M | 9.8% |
| 5 | Information | 4 | $2.2M | 9.4% |
| 6 | Manufacturing | 5 | $2.0M | 8.7% |
| 7 | Construction | 8 | $1.7M | 7.4% |
| 8 | Health care & social assistance | 8 | $1.1M | 4.8% |
| 9 | Arts, entertainment & recreation | 5 | $700K | 3.0% |
| 10 | Manufacturing | 3 | $555K | 2.4% |
| 11 | Agriculture, forestry & fishing | 1 | $372K | 1.6% |
| 12 | Real estate & leasing | 1 | $334K | 1.5% |
| 13 | Finance & insurance | 1 | $125K | 0.5% |
| 14 | Professional & technical services | 1 | $100K | 0.4% |
| 15 | Administrative & waste services | 1 | $77K | 0.3% |
| 16 | Educational services | 1 | $63K | 0.3% |
| 17 | Retail trade | 1 | $49K | 0.2% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.