SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Indiana: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
28
in Indiana
Median Loan Size
$275,000
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 28 approvals on record and a median loan size of $275,000.
Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $100,000 | |
| 2 | 3 | $250,000 | |
| 3 | 3 | $200,000 | |
| 4 | 2 | $112,000 | |
| 5 | 2 | $937,500 | |
| 6 | 2 | $150,000 | |
| 7 | 1 | $3,813,000 | |
| 8 | 1 | $50,000 | |
| 9 | 1 | $330,000 | |
| 10 | 1 | $5,000,000 | |
| 11 | 1 | $4,000,000 | |
| 12 | 1 | $15,000 | |
| 13 | 1 | $300,000 | |
| 14 | 1 | $245,000 | |
| 15 | 1 | $657,000 | |
| 16 | 1 | $355,000 | |
| 17 | 1 | $3,147,000 | |
| 18 | 1 | $1,983,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Harvest Small Business Finance, LLC | How*****LLC | BRISTOL, IN | $701,200 |
| 2025-12 | CenTrust Bank, A Division of SmartBiz Bank National Associat | TEC*****LLC | INDIANAPOLIS, IN | $150,000 |
| 2025-09 | Fifth Third Bank | Ind*****LLC | GREENWOOD, IN | $250,000 |
| 2025-09 | Northwest Bank | Nob*****nc. | INDIANAPOLIS, IN | $5,000,000 |
| 2025-08 | First State Bank of Middlebury | RIT*****LLC | Middlebury, IN | $174,000 |
| 2025-08 | The Huntington National Bank | MAC*****NC. | MERRILLVILLE, IN | $350,000 |
| 2025-08 | Northwest Bank | NOB*****NC. | INDIANAPOLIS, IN | $5,000,000 |
| 2025-07 | First Internet Bank of Indiana | FLO*****RP. | FISHERS, IN | $3,650,000 |
| 2025-07 | First Internet Bank of Indiana | FLO*****RP. | FISHERS, IN | $200,000 |
| 2025-06 | BayFirst National Bank | CON*****NC. | FISHERS, IN | $150,000 |
| 2025-06 | BayFirst National Bank | Ebo*****nc. | FISHERS, IN | $150,000 |
| 2025-05 | Centier Bank | MDF*****NC. | SCHERERVILLE, IN | $200,000 |
| 2025-05 | Centier Bank | MDF*****NC. | SCHERERVILLE, IN | $371,300 |
| 2025-04 | Celtic Bank Corporation | SSP*****NC. | HEBRON, IN | $150,000 |
| 2025-02 | KeyBank National Association | Str*****LLC | Saint Paul, IN | $15,000 |
| 2025-02 | BayFirst National Bank | SSP*****nc. | CHESTERTON, IN | $150,000 |
| 2025-01 | Newtek Bank, National Association | iA****LLC | Indianapolis, IN | $4,000,000 |
| 2024-12 | Community First Bank of Indiana | Aur*****LLC | INDIANAPOLIS, IN | $125,000 |
| 2024-12 | First Merchants Bank | STS*****LLC | FORT WAYNE, IN | $50,000 |
| 2024-11 | First Merchants Bank | The*****LLC | MOORESVILLE, IN | $100,000 |
| 2024-10 | Colony Bank | SSP*****nc. | Hebron, IN | $150,000 |
| 2024-09 | Northeast Bank | SSP*****NC. | Hebron, IN | $150,000 |
| 2024-09 | Heritage Federal Credit Union | Cas*****LLC | Evansville, IN | $45,000 |
| 2024-08 | Fifth Third Bank | Ind*****LLC | GREENWOOD, IN | $1,250,000 |
| 2024-08 | The Huntington National Bank | Cur*****LLC | ALEXANDRIA, IN | $100,000 |
| 2024-08 | Horizon Bank | Met*****nc. | CHESTERTON, IN | $50,000 |
| 2024-07 | The Huntington National Bank | REN*****LLC | INDIANAPOLIS, IN | $50,000 |
| 2024-07 | The Huntington National Bank | REN*****LLC | INDIANAPOLIS, IN | $25,000 |
| 2024-07 | Peoples Bank | Top*****LLP | SAINT JOHN, IN | $300,000 |
| 2024-06 | First State Bank of Middlebury | Ror*****nc. | Elkhart, IN | $50,000 |
| 2024-06 | JPMorgan Chase Bank, National Association | B J*****NC. | CAMBY, IN | $300,000 |
| 2024-04 | The Huntington National Bank | Liq*****LLC | INDIANAPOLIS, IN | $348,000 |
| 2024-04 | PNC Bank, National Association | CUL*****NC. | INDIANAPOLIS, IN | $2,888,000 |
| 2024-04 | PNC Bank, National Association | CUL*****NC. | INDIANAPOLIS, IN | $250,000 |
| 2024-03 | Centier Bank | SAN*****INC | INDIANAPOLIS, IN | $169,100 |
| 2024-03 | The Huntington National Bank | Har*****LLC | WESTFIELD, IN | $270,000 |
| 2024-03 | The Huntington National Bank | Har*****LLC | WESTFIELD, IN | $25,000 |
| 2024-02 | Village Bank and Trust, National Association | CDP*****NC. | ANDERSON, IN | $355,000 |
| 2024-01 | 1st Source Bank | REN*****LLC | MISHAWAKA, IN | $1,546,900 |
| 2024-01 | JPMorgan Chase Bank, National Association | IND*****LLC | FOUNTAINTOWN, IN | $400,000 |
| 2023-12 | Brookline Bank, a Division of Beacon Bank and Trust | Vol*****LLC | SHIPSHEWANA, IN | $3,147,000 |
| 2023-11 | JPMorgan Chase Bank, National Association | Scr*****Inc | HAMMOND, IN | $245,000 |
| 2023-11 | STAR Financial Bank | Mag*****LLC | CHURUBUSCO, IN | $150,000 |
| 2023-11 | Horizon Bank | Met*****nc. | MISHAWAKA, IN | $50,000 |
| 2023-10 | The Huntington National Bank | RG *****LLC | Middletown, IN | $65,700 |
| 2023-10 | The Huntington National Bank | RG *****LLC | Middletown, IN | $50,000 |
| 2023-09 | JPMorgan Chase Bank, National Association | Thr*****Llc | FISHERS, IN | $60,000 |
| 2023-09 | KeyBank National Association | SBN*****LLC | Marion, IN | $681,000 |
| 2023-09 | The Huntington National Bank | HOF*****TED | Indianapolis, IN | $100,000 |
| 2023-09 | Logansport Savings Bank | F. *****NC. | Wabash, IN | $300,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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