SBA 7(a) lenders in Parke, IN
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
14 institutions have SBA 7(a) loans on record in Parke, together $7.2M across 25 loans. JPMorgan Chase Bank, National Association is the largest, with 31% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | 2 | $2.2M | 30.7% | 0.00% |
| 2 | The Fountain Trust Company | 1 | $850K | 11.9% | 0.00% |
| 3 | The Riddell National Bank | 3 | $829K | 11.6% | 0.00% |
| 4 | The Citizens National Bank of Paris | 1 | $800K | 11.2% | 0.00% |
| 5 | First Merchants Bank | 1 | $514K | 7.2% | 0.00% |
| 6 | The Huntington National Bank | 6 | $498K | 6.9% | 53.10% |
| 7 | First Financial Bank, National Association | 3 | $450K | 6.3% | 0.00% |
| 8 | Northeast Bank | 2 | $444K | 6.2% | 0.00% |
| 9 | Tri-County Bank & Trust Company | 1 | $347K | 4.8% | 0.00% |
| 10 | Independence Bank | 1 | $125K | 1.7% | 96.05% |
| 11 | The Farmers Bank, Frankfort, Indiana | 1 | $50K | 0.7% | 0.00% |
| 12 | BMO Bank National Association | 1 | $35K | 0.5% | 0.00% |
| 13 | VelocitySBA, LLC | 1 | $13K | 0.2% | 89.78% |
| 14 | Fifth Third Bank | 1 | $12K | 0.2% | 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 | Retail trade | 6 | $3.1M | 43.7% |
| 2 | Accommodation & food services | 5 | $1.7M | 23.4% |
| 3 | Manufacturing | 1 | $800K | 11.2% |
| 4 | Administrative & waste services | 2 | $444K | 6.2% |
| 5 | Manufacturing | 1 | $300K | 4.2% |
| 6 | Agriculture, forestry & fishing | 1 | $284K | 4.0% |
| 7 | Construction | 5 | $218K | 3.0% |
| 8 | Real estate & leasing | 1 | $140K | 2.0% |
| 9 | Transportation & warehousing | 2 | $137K | 1.9% |
| 10 | Health care & social assistance | 1 | $35K | 0.5% |
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.