First Internet Bank of Indiana SBA Express Loans

First Internet Bank of Indiana made 210 SBA Express loans in FY2025 and FY2026 through June 30, 2026, worth $45.6 million. That ranks it number 20 of 812 lenders by loan count, according to SBA's own loan-level data.

210SBA Express loans
$45.6 millionDollars approved
$200,000Median loan
$217,138Average loan
100%Lines of credit
36States lent in

What SBA's data shows about First Internet Bank of Indiana

  • 100% of First Internet Bank of Indiana's SBA Express loans were lines of credit, more than the 75.6% share across all lenders in the same period.
  • Its median loan was $200,000, larger than the $50,000 median across all lenders. 93.3% of its loans were $100,000 or more, against 36.1% across all lenders.
  • By borrower: 12.4% went to businesses more than two years old, 58.6% financed a change of ownership, and 1.9% went to brand-new businesses.
  • It lent in 36 states; the largest share, 20%, went to Florida.
  • Its SBA Express volume rose 52% from FY2024 (89 loans) to FY2025 (135).

Loan sizes

AmountCountShare
$25,000 or less21%
$25,001 to $50,00094.3%
$50,001 to $100,0005023.8%
$100,001 to $150,0003315.7%
$150,001 to $250,0006531%
$250,001 to $350,000199%
$350,001 to $500,0003215.2%

Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Window: FY2025 and FY2026 through June 30, 2026.

Where First Internet Bank of Indiana makes SBA Express loans

StateLoansShare
Florida4220%
Texas2311%
California199%
Colorado178.1%
Indiana94.3%

Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. State is where the borrower's business is.

Industries

IndustryLoans
Plumbing, Heating, and Air-Conditioning Contractors13
All Other Specialty Trade Contractors11
Landscaping Services7
Roofing Contractors7
Engineering Services6

Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September.

SBA Express loans by year

Fiscal yearLoans made
FY20209
FY20219
FY20229
FY202338
FY202489
FY2025135
FY2026 (through June 30, 2026)75

Source: SBA 7(a) FOIA loan-level data, as of June 30, 2026. Loans SBA approved and later cancelled are excluded. Fiscal years run October through September. Every year since FY2020, same counting rules.

If you are considering First Internet Bank of Indiana

First Internet Bank of Indiana sets its own rates, fees and credit standards, inside SBA's caps for SBA Express (see loan terms and requirements). The figures above show what it has approved, not what it will approve next. To compare more than one lender at once, tell us what your business needs.

Lenders with similar SBA Express volume: PNC Bank, Webster Bank, Bank of Hope, WaFd Bank, Mountain America Credit Union. See the full lender list or program statistics.

Lender: First Internet Bank of Indiana, Fishers, IN, as listed on SBA's loan records. sbaexpress.loans is not a lender and is not affiliated with the U.S. Small Business Administration or with any lender named here. Figures describe loans SBA has already approved. They are not a lender's current credit policy, an offer, or a rate quote.

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sbaexpress.loans is an independently owned and operated website and has no government affiliation. We are not the Small Business Administration and are not a lender. If you are trying to reach the SBA click here to be redirected.