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SBA 7(a) Loans in Fort Wayne, IN

Find lenders offering sba 7(a) loans in the Fort Wayne, including New Haven, Huntertown, and surrounding areas. Compare rates, terms, and programs from 82 lenders.

Lenders
82
Typical Rate
Prime + 1.5% to 3.75%
Down Payment
10-20%
Term
10-25 years
Closing Time
30-90 days

SBA 7(a) Lenders Serving Fort Wayne

82 lenders offering sba 7(a) loans in the Fort Wayne, IN area.

First Internet Bank of Indiana

Local SBA

FISHERS, IN

Nation's first state-chartered, FDIC-insured internet bank and a top SBA preferred lender. Offers SBA 7(a) loans, conventional commercial lending, franchise financing, and healthcare practice loans nationwide.

106 SBA loans
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Old National Bank

Local SBA

EVANSVILLE, IN

Midwest-based regional bank and SBA preferred lender. Offers SBA 7(a) loans, conventional commercial lending, commercial real estate financing, treasury management, and wealth management for small and mid-sized businesses.

66 SBA loans
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Merchants Bank of Indiana

Local SBA

CARMEL, IN

Carmel, Indiana-based SBA Preferred Lender offering faster approvals and flexible SBA 7(a) financing. Provides commercial real estate loans, equipment financing, and business banking services.

15 SBA loans
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Everwise Credit Union

Local SBA

SOUTH BEND, IN

South Bend, Indiana-based credit union offering SBA 7(a) loans, commercial real estate, and business banking with credit union rates. Serves members throughout Indiana.

6 SBA loans
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1st Source Bank

Local SBA

SOUTH BEND, IN

16 SBA loans
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Community First Bank of Indiana

Local SBA

KOKOMO, IN

3 SBA loans
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First Merchants Bank

Local SBA

Indianapolis, IN

10 SBA loans
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Centier Bank

Local SBA

WHITING, IN

13 SBA loans
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Citizens State Bank of New Castle

Local SBA

NEW CASTLE, IN

8 SBA loans
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Centra Credit Union

Local SBA

Columbus, IN

1 SBA loans
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Logansport Savings Bank

Local SBA

LOGANSPORT, IN

2 SBA loans
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Flagship Enterprise Center, Inc. (dba Bankable)

Local SBA

Anderson, IN

7 SBA loans
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The Riddell National Bank

Local SBA

BRAZIL, IN

1 SBA loans
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Horizon Bank

Local SBA

Michigan City, IN

6 SBA loans
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The Farmers Bank, Frankfort, Indiana

Local SBA

FRANKFORT, IN

2 SBA loans
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Fort Wayne Commercial Real Estate Market

Fort Wayne is Indiana's second-largest city and has undergone a notable downtown revitalization anchored by the Riverfront Promenade along the St. Marys, St. Joseph, and Maumee rivers, which has attracted mixed-use development, hospitality, and Class A office projects. The Southwest and Dupont Road corridors serve as the primary suburban retail and office zones, while the I-69 corridor has driven industrial and logistics expansion. Major employers include Parkview Health (the metro's largest employer with over 15,000 workers), Lincoln Financial Group, General Motors' truck assembly plant, and BorgWarner. The city's low cost of living and competitive wage rates have made it attractive for back-office operations and light manufacturing tenants.

Key Economic Drivers

  • Parkview Health system expansion and regional medical campus investment
  • General Motors Fort Wayne Assembly truck manufacturing plant
  • Downtown Riverfront Promenade revitalization and mixed-use development
  • I-69 corridor industrial and logistics growth

Market Insight

Fort Wayne's Electric Works project — a $300 million adaptive reuse of the former General Electric campus — is transforming 39 acres into a mixed-use innovation district with office, retail, and residential space, representing one of the largest redevelopment projects in the state.

SBA 7(a) Loans in Fort Wayne, Indiana

SBA 7(a) loans are the most common SBA loan program, offering up to $5 million for working capital, equipment, real estate, business acquisition, and refinancing. Backed by the U.S. Small Business Administration, they offer competitive rates and longer terms than conventional business loans. In the Fort Wayne metro area, borrowers can access 82 lenders offering SBA 7(a) financing, including New Haven, Huntertown, and surrounding areas. Loan amounts typically range from $25K to $5M with rates from Prime + 1.5% to 3.75%.

Who Should Consider SBA 7(a) Loans?

  • Small business owners
  • Business acquisitions
  • Working capital needs
  • Commercial real estate purchase

Key Requirements

  • For-profit business operating in the US
  • Owner has invested equity
  • Exhausted other financing options
  • No delinquent government debt
  • Credit score: 680+

Advantages

  • Low down payment (as low as 10%)
  • Competitive interest rates
  • Long repayment terms
  • Can be used for many purposes

Considerations

  • Lengthy application process
  • Extensive documentation required
  • Personal guarantee required
  • Collateral often needed

SBA 7(a) Loans in Other Indiana Cities

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