SBA Loans for Hotels (except Casino Hotels) and Motels in Indiana: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Indiana. Based on historical SBA 7(a) lending data.
Total Approvals
31
in Indiana
Median Loan Size
$2,392,400
per approval
Recent Activity
2
last 90 days through Dec 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 31 approvals on record and a median loan size of $2,392,400.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in Indiana lending is concentrated — Shoreham Bank, Gbank, Millennium Bank together account for 61% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Shoreham Bank leads this industry with 8 approvals (26% market share) and a median loan of $2,785,000.
- Hotels (except Casino Hotels) and Motels in Indiana loans run larger than the SBA average — a $2,392,400 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Indiana
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 8 | $2,785,000 | |
| 2 | 7 | $3,405,000 | |
| 3 | 4 | $1,525,000 | |
| 4 | 2 | $2,171,200 | |
| 5 | 1 | $2,020,000 | |
| 6 | 1 | $5,000,000 | |
| 7 | 1 | $2,121,000 | |
| 8 | 1 | $1,270,000 | |
| 9 | 1 | $75,000 | |
| 10 | 1 | $2,400,000 | |
| 11 | 1 | $700,000 | |
| 12 | 1 | $5,000,000 | |
| 13 | 1 | $347,000 | |
| 14 | 1 | $1,447,500 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Indiana
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Millennium Bank | A &*****LLC | Elkhart, IN | $3,485,000 |
| 2025-12 | First Bank of the Lake | AAD****INC | COLUMBUS, IN | $150,000 |
| 2025-12 | GBank | AVY****LLC | Auburn, IN | $3,805,000 |
| 2025-11 | Commonwealth Business Bank | Sup*****ton | HUNTINGTON, IN | $1,150,000 |
| 2025-11 | Shoreham Bank | RP *****LLC | GARY, IN | $2,100,000 |
| 2025-11 | Byline Bank | San****LLC | PORTAGE, IN | $2,400,000 |
| 2025-11 | Port 51 Lending LLC | HAR*****LLC | KENTLAND, IN | $790,000 |
| 2025-09 | GBank | SUN*****INC | HAMMOND, IN | $5,000,000 |
| 2025-08 | GBank | OM *****LLC | Hammond, IN | $2,392,400 |
| 2025-08 | GBank | STA*****INC | Carmel, IN | $5,000,000 |
| 2025-08 | Port 51 Lending LLC | 345*****INC | SOUTH BEND, IN | $5,000,000 |
| 2025-04 | Northeast Bank | AAD****INC | Columbus, IN | $227,500 |
| 2025-04 | Shoreham Bank | Ape*****LLC | MERRILLVILLE, IN | $620,000 |
| 2025-03 | Shoreham Bank | Aad*****LLC | INDIANAPOLIS, IN | $2,660,000 |
| 2025-03 | Shoreham Bank | Tan*****LLC | INDIANAPOLIS, IN | $2,650,000 |
| 2025-02 | Northeast Bank | Om *****LLC | Georgetown, IN | $75,000 |
| 2025-01 | Shoreham Bank | Mid*****LLC | MERRILLVILLE, IN | $4,755,000 |
| 2025-01 | US Metro Bank | BK****NC. | MERRILLVILLE, IN | $347,000 |
| 2024-12 | GBank | ASC*****LLC | Portage, IN | $5,000,000 |
| 2024-11 | Shoreham Bank | Har*****Inc | COLUMBUS, IN | $4,520,000 |
| 2024-11 | Everwise Credit Union | HAJ*****LLC | Indianapolis, IN | $5,000,000 |
| 2024-10 | GBank | ANJ*****LLC | Fishers, IN | $5,000,000 |
| 2024-09 | GBank | SIK****LLC | Elkhart, IN | $1,892,000 |
| 2024-09 | GBank | HAM*****UTH | Indianapolis, IN | $5,000,000 |
| 2024-09 | Millennium Bank | Gay*****LLC | Roseland, IN | $2,790,500 |
| 2024-09 | Enterprise Bank & Trust | Bay*****ana | AUBURN, IN | $2,382,000 |
| 2024-08 | Shoreham Bank | Bra*****LLC | BRAZIL, IN | $1,420,000 |
| 2024-08 | GBank | Sha*****LLC | Elkhart, IN | $3,108,000 |
| 2024-08 | United Midwest Savings Bank National Association | AAD****INC | COLUMBUS, IN | $2,121,000 |
| 2024-08 | GBank | SHI*****LLC | Terre Haute, IN | $3,788,000 |
| 2024-07 | Millennium Bank | Rad*****LLC | West Lafayette, IN | $5,000,000 |
| 2024-07 | Shoreham Bank | Kas*****LLC | COLUMBUS, IN | $2,695,000 |
| 2024-06 | Shoreham Bank | Shr*****LLC | INDIANAPOLIS, IN | $2,260,000 |
| 2024-06 | Mission Valley Bank | Hom*****eld | PLAINFIELD, IN | $5,000,000 |
| 2024-06 | GBank | MAA*****LLC | MADISON, IN | $5,000,000 |
| 2024-05 | Everwise Credit Union | RIM*****LLC | Merrillville, IN | $5,000,000 |
| 2024-04 | Shoreham Bank | Hal*****LLC | ELKHART, IN | $100,000 |
| 2024-04 | Shoreham Bank | Ape*****LLC | MERRILLVILLE, IN | $3,400,000 |
| 2024-03 | Merchants Bank of Indiana | HA***LLC | FORT WAYNE, IN | $2,268,900 |
| 2024-03 | GBank | SAN*****LLC | Fort Wayne, IN | $4,047,700 |
| 2024-03 | Millennium Bank | K&A*****LLC | Frankfort, IN | $2,115,000 |
| 2024-03 | GBank | SWE*****INC | Greenwood, IN | $5,000,000 |
| 2024-02 | First Bank of the Lake | Wah*****LLC | GREENFIELD, IN | $150,000 |
| 2024-02 | Shoreham Bank | IK *****LLC | AUBURN, IN | $100,000 |
| 2024-01 | GBank | RAJ*****LLC | Indianapolis, IN | $3,405,000 |
| 2023-11 | GBank | BAY*****URG | GREENSBURG, IN | $1,849,000 |
| 2023-11 | Shoreham Bank | Nee*****LLC | INDIANAPOLIS, IN | $2,930,000 |
| 2023-10 | Everwise Credit Union | Ang*****LLC | SOUTH BEND, IN | $1,408,000 |
| 2023-10 | Byline Bank | UNI*****LLC | PLYMOUTH, IN | $4,100,000 |
| 2023-09 | Shoreham Bank | Shr*****LLC | COLUMBUS, IN | $5,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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