# Celtic Bank SBA loans in Indiana **Short answer:** SBA's loan file shows Celtic Bank made 62 SBA loans in Indiana since October 2019. 21.0% went to startups, against 6.2% of its loans nationally. The lender made 0.91% of Indiana's SBA loans, against 1.6% of loans nationwide. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/indiana/ Data as of: 2026-06-30 This site is not Celtic Bank sbaexpress.loans is not Celtic Bank, and Celtic Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Celtic Bank. These are the 62 SBA 7(a) loans [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/) made in [Indiana](https://www.sbaexpress.loans/indiana-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other. ## How Celtic Bank differs in Indiana **What this means for you.** If yours is a new business, Celtic Bank funded startups more often here than it did elsewhere. ### Startups 21.0% of the loans in Indiana went to startups, where the loan opens the business, against 6.2% of its loans nationally. Startups (the loan opens the business), share of loans, Oct 2019 to Jun 2026 - Indiana: 21.0% - All its U.S. loans: 6.2% ### Share of the state's loans Celtic Bank made 0.91% of the SBA loans approved in Indiana since October 2019, against 1.6% of loans nationwide. Its share here is 58% of its national share. Share of all SBA loans, Oct 2019 to Jun 2026 - Indiana: 0.91% - All its U.S. loans: 1.6% We compared 7 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure. ## Indiana next to the U.S. **Indiana compared with all of Celtic Bank's U.S. loans, October 2019 to June 2026** | Measure | Indiana | All its U.S. loans | Reading | | --- | --- | --- | --- | | Lender's share of all SBA loans | 0.91% | 1.6% | Clearly lower | | Median loan | $150,000 | $150,000 | No clear gap | | Middle half of loans | $150,000 to $722,675 | $125,000 to $768,475 | – | | Startups (the loan opens the business) | 21.0% | 6.2% | Clearly higher | | In business 2 years or less | 9.7% | 14.4% | No clear gap | | In business more than 2 years | 62.9% | 66.1% | No clear gap | | Change of ownership | Fewer than 5 | 12.7% | n/a | | SBA Express | 0.0% | 0.1% | No clear gap | | Lines of credit | 0.0% | 0.2% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2.75 points over Prime | 2.75 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## What Celtic Bank lends to in Indiana No single industry reached 5 loans from October 2019 to June 2026, so we do not rank industries here. ## Celtic Bank in other states Other states where these loans differ clearly from the national pattern, most loans first. **Celtic Bank by state** | State | Loans since October 2019 | | --- | --- | | [Florida](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/florida/) | 420 | | [New York](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/new-york/) | 284 | | [Arizona](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/arizona/) | 229 | | [Georgia](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/georgia/) | 217 | | [Utah](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/utah/) | 175 | | [Washington](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/washington/) | 147 | | [Connecticut](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/connecticut/) | 68 | | [Wisconsin](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/wisconsin/) | 65 | ## Other lenders in Indiana Other lenders in Indiana with a clear difference from the national pattern, most loans first. **Other lenders in Indiana** | Lender | Loans since October 2019 | | --- | --- | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/indiana/) | 1,654 | | [KeyBank](https://www.sbaexpress.loans/sba-express-lenders/keybank/indiana/) | 196 | | [First Merchants Bank](https://www.sbaexpress.loans/sba-express-lenders/first-merchants-bank/indiana/) | 172 | | [Merchants Bank of Indiana](https://www.sbaexpress.loans/sba-express-lenders/merchants-bank-of-indiana/indiana/) | 131 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)