Acquisition Lender Index

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Electrical Contractors and Other Wiring Installation Contractors: SBA acquisition loans in Indiana

5 SBA-financed business acquisitions in Indiana classified as Electrical Contractors and Other Wiring Installation Contractors, FY2024–FY2026. Median loan $540K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
5
Total approved
$2.9M
Median loan
$540K
Middle half of loans
$350K to $625K
Median starting rate
9.65%
Median term
10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 5 recorded approvals in FY2024–FY2026. For a broader comparison, open the Indiana state profile or the national industry profile.

Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Old National Bank 240%$710K$1.4M
2 First Internet Bank of Indiana 120%$625K$625K
3 Centra Credit Union 120%$540K$540K
4 The Garrett State Bank 120%$332K$332K

For comparison, the same industry nationwide: 202 loans, median $984K, median starting rate 9.50%. See Electrical Contractors and Other Wiring Installation Contractors in every state.

Deals by SBA fiscal year

FY20184 loans, $2.4M
FY20254 loans, $2.3M
FY20261 loans, $625K

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.