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Hotels (except Casino Hotels) and Motels: SBA acquisition loans in Indiana
31 SBA-financed business acquisitions in Indiana classified as Hotels (except Casino Hotels) and Motels, FY2024–FY2026. Median loan $3.7M. See which lenders did them.
- Acquisitions financed
- 31
- Total approved
- $108.2M
- Median loan
- $3.7M
- Middle half of loans
- $2.4M to $5.0M
- Median starting rate
- 9.25%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | GBank | 17 | 55% | $4.0M | $67.6M |
| 2 | Shoreham Bank | 5 | 16% | $2.7M | $14.7M |
| 3 | Millennium Bank | 2 | 6% | $3.7M | $7.5M |
| 4 | Byline Bank | 2 | 6% | $2.9M | $5.9M |
| 5 | Everwise Credit Union | 1 | 3% | $5.0M | $5.0M |
| 6 | Hanover Community Bank | 1 | 3% | $3.7M | $3.7M |
| 7 | Centerstone SBA Lending, Inc. | 1 | 3% | $1.8M | $1.8M |
| 8 | Commonwealth Business Bank | 1 | 3% | $1.1M | $1.1M |
| 9 | Harvest Small Business Finance, LLC | 1 | 3% | $880K | $880K |
For comparison, the same industry nationwide: 768 loans, median $3.1M, median starting rate 8.75%. See Hotels (except Casino Hotels) and Motels in every state.
Deals by SBA fiscal year
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.