SBA 7(a) lenders in Montgomery, IN

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

Lenders

35 institutions have SBA 7(a) loans on record in Montgomery, together $31.1M across 82 loans. Celtic Bank Corporation is the largest, with 17% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Celtic Bank Corporation	4	$5.3M	17.0%	0.00%
2	First Farmers Bank and Trust Co	4	$3.1M	9.9%	15.74%
3	Live Oak Banking Company	3	$2.9M	9.3%	0.00%
4	JPMorgan Chase Bank, National Association	9	$2.5M	8.1%	0.00%
5	Wells Fargo Bank National Association	1	$2.1M	6.7%	0.00%
6	STAR Financial Bank	3	$1.3M	4.1%	0.00%
7	Fifth Third Bank	5	$1.2M	4.0%	0.00%
8	The Farmers Bank, Frankfort, Indiana	2	$1.1M	3.4%	0.00%
9	TowneBank	1	$999K	3.2%	0.00%
10	The Huntington National Bank	12	$982K	3.2%	0.00%
11	First Bank	1	$960K	3.1%	0.00%
12	Merchants Bank of Indiana	1	$937K	3.0%	0.00%
13	Bank Five Nine	1	$813K	2.6%	0.00%
14	First Internet Bank of Indiana	1	$765K	2.5%	0.00%
15	State Bank	3	$735K	2.4%	0.00%
16	Tri-County Bank & Trust Company	1	$639K	2.1%	0.00%
17	Community First Bank of Indiana	1	$625K	2.0%	0.00%
18	Flagship Enterprise Center, Inc. (dba Bankable)	2	$580K	1.9%	0.00%
19	Byline Bank	2	$515K	1.7%	0.00%
20	Newtek Small Business Finance, Inc.	1	$490K	1.6%	0.00%
21	The Riddell National Bank	2	$406K	1.3%	0.00%
22	First Financial Bank, National Association	1	$400K	1.3%	0.00%
23	Hoosier Heartland State Bank	3	$363K	1.2%	0.00%
24	Wayne Bank and Trust Co	1	$278K	0.9%	0.00%
25	PNC Bank, National Association	4	$235K	0.8%	0.00%
26	The Fountain Trust Company	1	$215K	0.7%	0.00%
27	Readycap Lending, LLC	1	$150K	0.5%	0.00%
28	Independence Bank	1	$125K	0.4%	0.00%
29	Centier Bank	4	$110K	0.4%	0.00%
30	Carver State Bank	1	$108K	0.3%	0.00%
31	First Financial Bank	1	$77K	0.2%	0.00%
32	KeyBank National Association	1	$50K	0.2%	0.00%
33	Lake City Bank	1	$50K	0.2%	0.00%
34	First National Bank	1	$22K	0.1%	0.00%
35	VelocitySBA, LLC	1	$8K	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	Wholesale trade	8	$7.0M	22.7%
2	Retail trade	14	$5.5M	17.6%
3	Accommodation & food services	11	$4.7M	15.3%
4	Manufacturing	3	$2.6M	8.2%
5	Transportation & warehousing	1	$2.1M	6.7%
6	Finance & insurance	9	$2.0M	6.6%
7	Real estate & leasing	2	$1.4M	4.6%
8	Transportation & warehousing	8	$1.4M	4.4%
9	Manufacturing	2	$1.2M	4.0%
10	Health care & social assistance	8	$1.2M	3.8%
11	Retail trade	2	$630K	2.0%
12	Construction	9	$575K	1.9%
13	Arts, entertainment & recreation	1	$490K	1.6%
14	Other services	1	$111K	0.4%
15	Agriculture, forestry & fishing	1	$50K	0.2%
16	Professional & technical services	1	$50K	0.2%
17	Administrative & waste services	1	$8K	0.0%

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.