SBA 7(a) lenders in Delaware, IN

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

47 institutions have SBA 7(a) loans on record in Delaware, together $122.5M across 304 loans. First Merchants Bank is the largest, with 12% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	First Merchants Bank	34	$15.0M	12.3%	0.50%
2	STAR Financial Bank	82	$11.6M	9.5%	2.08%
3	Merchants Bank of Indiana	5	$8.7M	7.1%	0.00%
4	Northwest Bank	23	$7.4M	6.1%	0.00%
5	The Huntington National Bank	17	$6.7M	5.4%	0.37%
6	Byline Bank	4	$6.2M	5.1%	53.15%
7	Shoreham Bank	2	$6.1M	5.0%	0.00%
8	OakStar Bank	6	$4.4M	3.6%	0.00%
9	Columbia Bank	5	$4.2M	3.5%	0.00%
10	Celtic Bank Corporation	6	$4.1M	3.3%	0.00%
11	UMB Bank, National Association	2	$4.1M	3.3%	0.00%
12	PrimeTrust Financial FCU	6	$3.7M	3.0%	3.91%
13	Old National Bank	9	$3.6M	3.0%	0.00%
14	Newtek Small Business Finance, Inc.	4	$3.2M	2.7%	12.70%
15	Citizens Bank	1	$2.5M	2.1%	0.00%
16	PromiseOne Bank	2	$2.5M	2.0%	0.00%
17	JPMorgan Chase Bank, National Association	16	$2.3M	1.9%	0.00%
18	First Federal Savings Bank	2	$2.1M	1.7%	16.64%
19	Readycap Lending, LLC	7	$1.9M	1.5%	17.18%
20	First Bank Richmond	2	$1.8M	1.5%	0.00%
21	KeyBank National Association	6	$1.6M	1.3%	19.73%
22	Flagship Enterprise Center, Inc. (dba Bankable)	8	$1.6M	1.3%	0.00%
23	Fifth Third Bank	4	$1.6M	1.3%	0.00%
24	Regions Bank	2	$1.6M	1.3%	0.00%
25	Federal Deposit Insurance Corporation	1	$1.6M	1.3%	0.00%
26	First Farmers Bank and Trust Co	1	$1.5M	1.2%	0.00%
27	Live Oak Banking Company	2	$1.4M	1.1%	0.00%
28	Northeast Bank	7	$1.2M	1.0%	0.00%
29	Newtek Bank, National Association	4	$1.1M	0.9%	0.00%
30	First Bank	1	$914K	0.7%	0.00%
31	First Internet Bank of Indiana	2	$911K	0.7%	0.00%
32	Wells Fargo Bank National Association	3	$743K	0.6%	0.00%
33	Stearns Bank National Association	1	$742K	0.6%	0.00%
34	Popular Bank	2	$634K	0.5%	0.00%
35	1st Source Bank	1	$491K	0.4%	0.00%
36	BayFirst National Bank	2	$470K	0.4%	0.00%
37	Horizon Bank	2	$432K	0.4%	0.00%
38	Capital Bank, National Association	1	$349K	0.3%	0.00%
39	North State Bank	1	$349K	0.3%	0.00%
40	Citizens State Bank of New Castle	2	$337K	0.3%	0.00%
41	MVB Bank, Inc.	1	$297K	0.2%	0.00%
42	Lake City Bank	2	$150K	0.1%	0.00%
43	Five Star Bank	1	$100K	0.1%	0.00%
44	PNC Bank, National Association	1	$85K	0.1%	15.17%
45	VelocitySBA, LLC	9	$80K	0.1%	5.05%
46	Glacier Bank	1	$50K	0.0%	0.00%
47	First Financial Bank	1	$25K	0.0%	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	Accommodation & food services	37	$26.2M	21.4%
2	Retail trade	36	$23.2M	18.9%
3	Manufacturing	27	$17.0M	13.9%
4	Other services	29	$8.2M	6.7%
5	Health care & social assistance	33	$7.6M	6.2%
6	Construction	31	$5.8M	4.7%
7	Manufacturing	5	$5.7M	4.7%
8	Finance & insurance	7	$4.2M	3.4%
9	Real estate & leasing	7	$4.2M	3.4%
10	Information	2	$4.1M	3.3%
11	Professional & technical services	21	$3.7M	3.1%
12	Retail trade	12	$3.5M	2.8%
13	Administrative & waste services	16	$3.2M	2.6%
14	Wholesale trade	14	$2.7M	2.2%
15	Arts, entertainment & recreation	15	$2.2M	1.8%
16	Transportation & warehousing	5	$366K	0.3%
17	Manufacturing	2	$280K	0.2%
18	Transportation & warehousing	1	$235K	0.2%
19	Educational services	2	$119K	0.1%
20	Agriculture, forestry & fishing	2	$115K	0.1%

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.