First Internet Bank OF India, National Association: SBA Lending Activity & Industry Focus

Nationwide (37 states)Large loans (median $819,500)Recently activeDiverse industry mix

Based on historical SBA 7(a) lending data.

Total Approvals

310

by First Internet Bank OF India, National Association

Total Volume

$412,110,500

approved amount

Median Loan Size

$819,500

per approval

Recent Activity

last 90 days through Dec 2025

First Internet Bank OF India, National Association is a national lender active across 37 states lending across 48 different industries. With 310 SBA 7(a) approvals and a typical loan size of $819,500, their lending data provides a detailed picture of where and how they deploy SBA capital.

What you should know

Key insights derived from First Internet Bank OF India, National Association's SBA 7(a) lending history

Sweet spot: $1M–$5M loans

42% of First Internet Bank OF India, National Association's SBA loans fall in the $1M–$5M range. Their typical loan (median) is $814,000, with the middle 50% of loans between $350,000 and $1,845,000. If your loan request is in this range, you may see a faster, smoother process.

Active SBA participant

First Internet Bank OF India, National Association has 310 SBA 7(a) approvals on record. While not among the highest-volume lenders, they maintain an active SBA program. Response times and processing experience may vary.

Nationwide reach (37 states)

First Internet Bank OF India, National Association has funded SBA loans in 37 states, giving them broad geographic coverage. Their highest concentration is in Texas (15% of loans). National lenders typically accept applications from anywhere in the U.S.

Larger-than-average loan sizes

First Internet Bank OF India, National Association's median loan of $819,500 is significantly above the SBA 7(a) average. This suggests they're comfortable with larger deals — good news if you need substantial financing, but they may have higher minimum loan amounts.

Diversified: 48 industries served

First Internet Bank OF India, National Association lends across 48 different industry sectors with no single industry dominating. This broad experience means they can likely evaluate most business types, though they may not have deep expertise in any specific niche.

Steady lending pace

First Internet Bank OF India, National Association's SBA activity has been relatively stable, with 146 approvals in the last 6 months. Consistent volume suggests a reliable, ongoing SBA program without major disruptions.

Lending trends for First Internet Bank OF India, National Association

↑ 9%loan volume YoY

↑ 25%dollar volume YoY

Total loaned ($)

Median loan size

Loan size distribution

Based on 1,000 SBA 7(a) approvals

Under $50K3 (0%)

$50K–$150K72 (7%)

$150K–$350K163 (16%)

$350K–$1M332 (33%)

$1M–$5M421 (42%)

Over $5M9 (1%)

Summary

Median (50th percentile)

$814,000

25th percentile

$350,000

75th percentile

$1,845,000

Average

$1,273,087

Typical range

$350,000

$1,845,000

States served

TX48 FL48 CA42 MI22 CO13 IN13 GA11 WI10 IL8 NV7 NC7 NY6 SC5 VA5 MD5 NJ5 OH5 UT4 MA4 RI4 OR4 WA4 AZ3 PA3 TN3 LA3 KY2 AL2 DC2 DE2 AK2 MN2 MT2 WY1 IA1 NH1 MO1

Less active

More active

State-by-state lending activity

#	State	Approvals	Median Size
1	Texas	48	$1,434,000
2	Florida	48	$1,009,500
3	California	42	$667,000
4	Michigan	22	$1,080,000
5	Colorado	13	$547,500
6	Indiana	13	$441,000
7	Georgia	11	$1,160,000
8	Wisconsin	10	$1,961,000
9	Illinois	8	$313,000
10	Nevada	7	$1,977,500
11	North Carolina	7	$1,269,000
12	New York	6	$200,000
13	South Carolina	5	$2,761,000
14	Virginia	5	$400,000
15	Maryland	5	$2,750,000
16	New Jersey	5	$1,162,500
17	Ohio	5	$865,000
18	Utah	4	$2,441,000
19	Massachusetts	4	$975,000
20	Rhode Island	4	$1,180,500
21	Oregon	4	$920,000
22	Washington	4	$150,000
23	Arizona	3	$2,071,000
24	Pennsylvania	3	$2,534,000
25	Tennessee	3	$200,000

First Internet Bank OF India, National Association by industry

Roofing Contractors47 approvals Snack and Nonalcoholic Beverage Bars40 approvals Photography Studios, Portrait27 approvals Tour Operators24 approvals Supermarkets and Other Grocery (except Convenience) Stores15 approvals Pet Care (except Veterinary) Services12 approvals Offices of Physicians (except Mental Health Specialists)11 approvals Residential Remodelers10 approvals Service Establishment Equipment and Supplies Merchant Wholesalers10 approvals General Automotive Repair10 approvals

Industry focus

#	Industry	NAICS	Approvals
1	Roofing Contractors	238	47
2	Snack and Nonalcoholic Beverage Bars	722	40
3	Photography Studios, Portrait	541	27
4	Tour Operators	561	24
5	Supermarkets and Other Grocery (except Convenience) Stores	445	15
6	Pet Care (except Veterinary) Services	812	12
7	Offices of Physicians (except Mental Health Specialists)	621	11
8	Residential Remodelers	236	10
9	Service Establishment Equipment and Supplies Merchant Wholesalers	423	10
10	General Automotive Repair	811	10

Recent SBA 7(a) approvals by First Internet Bank OF India, National Association

Month	Borrower	Location	Industry	Amount
2025-12	Smi*****LLC	WYLIE, TX	Machine Shops	$400,000
2025-12	Smi*****LLC	WYLIE, TX	Machine Shops	$3,941,000
2025-12	Bah*****LLC	OAKLAND PARK, FL	Reupholstery and Furniture Repair	$1,000,000
2025-12	Glo*****ing	ORLANDO, FL	Other Personal Care Services	$935,000
2025-12	Sup*****ign	APOPKA, FL	All Other Specialty Trade Contractors	$150,000
2025-12	Sup*****ign	APOPKA, FL	All Other Specialty Trade Contractors	$891,000
2025-12	Pan*****oit	DETROIT, MI	—	$1,853,000
2025-12	Luc*****ing	VAN NUYS, CA	Pet Care (except Veterinary) Services	$1,275,000
2025-12	Cri*****LLC	OYSTER BAY, NY	Remediation Services	$984,000
2025-12	Cri*****LLC	OYSTER BAY, NY	Remediation Services	$100,000
2025-12	Ban*****ric	PLYMOUTH, IN	Electrical Contractors	$625,000
2025-12	Pat*****ory	OCALA, FL	Offices of Certified Public Accountants	$150,000
2025-12	Pat*****ory	OCALA, FL	Offices of Certified Public Accountants	$1,355,000
2025-12	Fir*****LLC	BAY SHORE, NY	All Other Personal Services	$200,000
2025-12	Fir*****LLC	BAY SHORE, NY	All Other Personal Services	$717,000
2025-12	Pur*****ity	SCOTTSDALE, AZ	Other Personal Care Services	$2,600,000
2025-12	Foo*****acy	COLUMBUS, NC	—	$200,000
2025-12	Pur*****ity	SCOTTSDALE, AZ	Other Personal Care Services	$150,000
2025-12	1st*****Co.	MCKINNEY, TX	Poured Concrete Foundation and Structure Contractors	$100,000
2025-12	De****irl	NORTH ROYALTON, OH	Commercial Gravure Printing	$1,013,000
2025-12	ICE*****ces	JERSEY VILLAGE, TX	Masonry Contractors	$340,000
2025-12	1st*****Co.	MCKINNEY, TX	Poured Concrete Foundation and Structure Contractors	$1,480,000
2025-12	Gat*****LLC	Miami, FL	All Other Amusement and Recreation Industries	$2,010,000
2025-12	Hom*****ers	REYNOLDSBURG, OH	Home Health Care Services	$2,417,000
2025-11	Pin*****LLC	HURST, TX	Other Personal Care Services	$1,120,000
2025-11	Per*****LLC	FOREST PARK, GA	Other Building Finishing Contractors	$100,000
2025-11	Mus*****und	WILKES BARRE TOWNSHIP, PA	—	$570,000
2025-11	Hom*****ers	REYNOLDSBURG, OH	Home Health Care Services	$50,000
2025-11	Tu***ogs	KOKOMO, IN	All Other Specialty Trade Contractors	$250,000
2025-11	Tu***ogs	KOKOMO, IN	All Other Specialty Trade Contractors	$4,020,000
2025-11	Cas*****bus	SAINT AUGUSTINE, FL	Residential Property Managers	$1,482,000
2025-11	Uni*****Inc	WEST SACRAMENTO, CA	Charter Bus Industry	$3,332,000
2025-11	Eve*****LLC	MONTGOMERYVILLE, PA	Sporting and Athletic Goods Manufacturing	$1,000,000
2025-11	Per*****LLC	FOREST PARK, GA	Other Building Finishing Contractors	$705,000
2025-11	Cal*****LLC	TAMPA, FL	Fitness and Recreational Sports Centers	$890,000
2025-11	Ste*****LLC	PALM CITY, FL	—	$150,000
2025-11	Glo*****ing	BAKERSFIELD, CA	Other Personal Care Services	$1,114,000
2025-11	Ste*****LLC	PALM CITY, FL	—	$4,250,000
2025-11	Rat*****ion	ROSWELL, GA	—	$1,400,000
2025-11	JD'*****ing	CARMEL, IN	Plumbing, Heating, and Air-Conditioning Contractors	$75,000
2025-11	A.I*****ter	JOHNS CREEK, GA	Residential Remodelers	$100,000
2025-11	JD'*****ing	CARMEL, IN	Plumbing, Heating, and Air-Conditioning Contractors	$920,000
2025-11	Bur*****ire	MODESTO, CA	General Automotive Repair	$150,000
2025-11	Sa****LLC	ROCKVILLE, MD	—	$1,500,000
2025-11	Sol*****LLC	MOORESVILLE, NC	Electrical Contractors	$1,860,000
2025-11	Sni*****LLC	MONTROSE, CO	Plumbing, Heating, and Air-Conditioning Contractors	$4,300,000
2025-11	Kas*****LLC	DALLAS, TX	Residential Remodelers	$250,000
2025-11	A.I*****ter	JOHNS CREEK, GA	Residential Remodelers	$1,085,000
2025-11	Sni*****LLC	MONTROSE, CO	Plumbing, Heating, and Air-Conditioning Contractors	$500,000
2025-11	Gen*****ows	WARREN, MI	All Other Plastics Product Manufacturing	$500,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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