SBA 7(a) lenders in Monroe, IN

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

Lenders

58 institutions have SBA 7(a) loans on record in Monroe, together $118.8M across 312 loans. Old National Bank is the largest, with 14% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Old National Bank	36	$16.2M	13.6%	3.11%
2	The Huntington National Bank	24	$10.2M	8.6%	0.00%
3	Owen County State Bank	9	$7.7M	6.5%	0.00%
4	German American Bank	42	$7.7M	6.5%	0.00%
5	JPMorgan Chase Bank, National Association	52	$7.0M	5.9%	0.10%
6	KeyBank National Association	11	$6.1M	5.1%	0.41%
7	Regions Bank	6	$5.3M	4.5%	0.00%
8	First Financial Bank	18	$4.9M	4.1%	0.77%
9	First Merchants Bank	5	$4.3M	3.6%	0.00%
10	Byline Bank	3	$4.0M	3.4%	0.00%
11	Banc of California	4	$3.8M	3.2%	0.00%
12	Jackson County Bank	1	$3.6M	3.0%	0.00%
13	Citizens Bank	1	$3.2M	2.7%	0.00%
14	STAR Financial Bank	4	$2.9M	2.4%	0.00%
15	United Midwest Savings Bank National Association	2	$2.8M	2.4%	0.00%
16	Newtek Bank, National Association	5	$2.7M	2.3%	0.00%
17	The Farmers Bank, Frankfort, Indiana	2	$1.7M	1.4%	0.00%
18	Wells Fargo Bank National Association	2	$1.7M	1.4%	0.00%
19	Fifth Third Bank	10	$1.5M	1.3%	0.00%
20	First Western SBLC, LLC	1	$1.5M	1.2%	0.00%
21	PNC Bank, National Association	5	$1.4M	1.2%	0.00%
22	Stearns Bank National Association	1	$1.4M	1.2%	0.00%
23	State Bank	6	$1.4M	1.1%	2.94%
24	The Peoples State Bank	2	$1.3M	1.1%	0.00%
25	Northeast Bank	5	$1.3M	1.1%	0.00%
26	Horizon Bank	2	$1.3M	1.1%	0.00%
27	Live Oak Banking Company	2	$1.0M	0.8%	0.00%
28	U.S. Bank, National Association	1	$950K	0.8%	0.00%
29	Hanmi Bank	1	$912K	0.8%	0.00%
30	Northwest Bank	3	$909K	0.8%	0.00%
31	Business Lenders, LLC	1	$875K	0.7%	0.00%
32	Customers Bank	1	$817K	0.7%	0.00%
33	Newtek Small Business Finance, Inc.	3	$764K	0.6%	0.00%
34	Stock Yards Bank & Trust Company	1	$500K	0.4%	0.00%
35	Five Star Bank	2	$455K	0.4%	0.00%
36	Celtic Bank Corporation	3	$450K	0.4%	0.00%
37	Readycap Lending, LLC	3	$372K	0.3%	0.00%
38	Hinsdale Bank & Trust Company, National Association	1	$350K	0.3%	0.00%
39	First Financial Bank, National Association	2	$350K	0.3%	0.00%
40	Community First Bank of Indiana	1	$340K	0.3%	0.00%
41	Merchants Bank of Indiana	1	$301K	0.3%	0.00%
42	The Bancorp Bank National Association	1	$291K	0.2%	89.16%
43	The Riddell National Bank	1	$255K	0.2%	0.00%
44	Bank of America, National Association	1	$228K	0.2%	0.00%
45	Lake City Bank	1	$226K	0.2%	0.00%
46	CRF Small Business Loan Company, LLC	1	$185K	0.2%	0.00%
47	Indiana University CU	2	$180K	0.2%	14.77%
48	Citizens State Bank of New Castle	1	$150K	0.1%	0.00%
49	Home Bank, SB	1	$150K	0.1%	0.00%
50	Independence Bank	1	$150K	0.1%	0.00%
51	Associated Bank National Association	1	$115K	0.1%	0.00%
52	Freedom Bank	1	$113K	0.1%	0.00%
53	Federal Deposit Insurance Corporation	4	$112K	0.1%	0.00%
54	FinWise Bank	1	$104K	0.1%	0.00%
55	Optus Bank	1	$100K	0.1%	0.00%
56	Bank of Hope	1	$100K	0.1%	0.00%
57	Springs Valley Bank & Trust Company	1	$83K	0.1%	0.00%
58	VelocitySBA, LLC	7	$60K	0.1%	16.07%

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	54	$26.3M	22.1%
2	Manufacturing	13	$12.6M	10.6%
3	Retail trade	24	$10.7M	9.0%
4	Health care & social assistance	31	$10.7M	9.0%
5	Professional & technical services	24	$10.6M	9.0%
6	Other services	26	$7.8M	6.6%
7	Manufacturing	16	$7.3M	6.1%
8	Real estate & leasing	8	$7.3M	6.1%
9	Construction	28	$6.0M	5.1%
10	Wholesale trade	9	$4.9M	4.2%
11	Retail trade	17	$3.7M	3.1%
12	Arts, entertainment & recreation	16	$3.3M	2.8%
13	Administrative & waste services	16	$2.1M	1.8%
14	Transportation & warehousing	16	$1.6M	1.4%
15	Information	2	$1.6M	1.3%
16	Finance & insurance	6	$1.4M	1.2%
17	Manufacturing	3	$395K	0.3%
18	Educational services	3	$375K	0.3%

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.