SBA Loans for Medicinal and Botanical Manufacturing in Indiana: Top Lenders
NAICS 325NAICS 325 covers medicinal and botanical manufacturing businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Indiana
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Aug 2024
NAICS 325 covers medicinal and botanical manufacturing businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $100,000.
Key trends & insights
- Medicinal and Botanical Manufacturing in Indiana loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2024-08-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Medicinal and Botanical Manufacturing in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $173,750 | |
| 2 | 1 | $100,000 |
Recent SBA 7(a) approvals for Medicinal and Botanical Manufacturing in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-08 | KeyBank National Association | Bio*****LLC | Otterbein, IN | $247,500 |
| 2024-08 | KeyBank National Association | Bio*****LLC | Otterbein, IN | $100,000 |
| 2023-08 | First Bank of the Lake | TSG*****LLC | LA PORTE, IN | $4,044,000 |
| 2023-08 | First Bank of the Lake | TSG*****LLC | LA PORTE, IN | $500,000 |
| 2021-10 | The Huntington National Bank | Vi****LLC | Carmel, IN | $100,000 |
| 2021-04 | 1st Source Bank | C.F*****rp. | Bristol, IN | $500,000 |
| 2021-04 | 1st Source Bank | C.F*****nc. | Bristol, IN | $2,345,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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