Acquisition Lender Index

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General Automotive Repair: SBA acquisition loans in Indiana

12 SBA-financed business acquisitions in Indiana classified as General Automotive Repair, FY2024–FY2026. Median loan $818K. See which lenders did them.

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

Acquisitions financed
12
Total approved
$9.2M
Median loan
$818K
Middle half of loans
$176K to $1.1M
Median starting rate
8.75%
Median term
10 yrs

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Lenders that financed these deals

#LenderLoansShareMedian loanTotal approved
1 Citizens State Bank of New Castle 217%$1.3M$2.7M
2 First Financial Bank 217%$982K$2.0M
3 Old National Bank 217%$549K$1.1M
4 First Internet Bank of Indiana 217%$540K$1.1M
5 Fifth Third Bank 217%$391K$783K
6 Live Oak Banking Company 18%$1.4M$1.4M
7 Flagship Enterprise Center, Inc. (dba Bankable) 18%$125K$125K

For comparison, the same industry nationwide: 485 loans, median $686K, median starting rate 9.50%. See General Automotive Repair in every state.

Deals by SBA fiscal year

FY20182 loans, $339K
FY20195 loans, $1.1M
FY20203 loans, $1.3M
FY20213 loans, $1.3M
FY20221 loans, $351K
FY20242 loans, $1.6M
FY20251 loans, $1.7M
FY20269 loans, $5.9M

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.