SBA Loans for Gasoline Stations with Convenience Stores in Indiana: Top Lenders
NAICS 447NAICS 447 covers gasoline stations with convenience stores businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
8
in Indiana
Median Loan Size
$887,200
per approval
Recent Activity
0
last 90 days through Nov 2021
NAICS 447 covers gasoline stations with convenience stores businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $887,200.
Key trends & insights
- Gasoline Stations with Convenience Stores in Indiana lending is concentrated — Merchants Bank OF India, National Association, Lake City Bank, OLD National Bank together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Merchants Bank OF India, National Association leads this industry with 4 approvals (50% market share) and a median loan of $633,250.
- Gasoline Stations with Convenience Stores in Indiana loans run larger than the SBA average — a $887,200 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2021-11-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Gasoline Stations with Convenience Stores in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $633,250 | |
| 2 | 1 | $1,498,000 | |
| 3 | 1 | $100,000 | |
| 4 | 1 | $981,900 | |
| 5 | 1 | $964,400 |
Recent SBA 7(a) approvals for Gasoline Stations with Convenience Stores in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-11 | Old National Bank | CAM*****INC | CAMBY, IN | $100,000 |
| 2021-08 | Merchants Bank of Indiana | San*****LLC | Indianapolis, IN | $1,056,500 |
| 2021-06 | Merchants Bank of Indiana | Ham*****orp | Hamilton, IN | $209,000 |
| 2021-06 | Merchants Bank of Indiana | Ham*****orp | Hamilton, IN | $456,500 |
| 2021-05 | Merchants Bank of Indiana | AIK*****LLC | Linton, IN | $810,000 |
| 2020-12 | Lake City Bank | Wil*****nc. | Columbia City, IN | $1,498,000 |
| 2020-11 | LendingClub Bank, National Association | Mar*****art | MARTINSVILLE, IN | $981,900 |
| 2020-08 | Enterprise Bank & Trust | Har*****Inc | Demotte, IN | $964,400 |
| 2020-07 | STAR Financial Bank | AZ *****Inc | KOKOMO, IN | $350,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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