{"citation":"First Internet Bank of Indiana SBA loans in Michigan. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/sba-express-lenders/first-internet-bank-of-indiana/michigan/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/sba-express-lenders/first-internet-bank-of-indiana/michigan/","title":"First Internet Bank of Indiana SBA loans in Michigan","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"recent","from":"2023-10-01","to":"2026-06-30"},"state":{"code":"MI","name":"Michigan"},"lender":{"name":"First Internet Bank of Indiana","url":"/sba-express-lenders/first-internet-bank-of-indiana/","regulator_status":"active"},"loans":68,"dollars_approved":87412000,"measures":{"share_of_all_loans_pct":{"state":1.208,"national":0.62,"reading":"Clearly higher"},"median_loan":{"state":1015000,"national":907500,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":482500,"p75":1626000},"national":{"p25":329750,"p75":2157500}},"startup_pct":{"state":null,"national":3.4,"reading":"n/a"},"new_pct":{"state":47.1,"national":29.6,"reading":"No clear gap"},"existing_pct":{"state":14.7,"national":19.0,"reading":"No clear gap"},"ownership_pct":{"state":36.8,"national":48.0,"reading":"No clear gap"},"express_pct":{"state":14.7,"national":29.8,"reading":"No clear gap"},"loc_pct":{"state":14.7,"national":29.7,"reading":"No clear gap"},"median_term_months":{"state":126,"national":120},"median_spread_over_prime_points":{"state":2.75,"national":2.75}},"clear_gaps":["mix","share"],"top_industries":{"Beer, Wine, and Liquor Retailers":24,"Full-Service Restaurants":7},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}