First Internet Bank of Indiana SBA Loans – Rates, States & Industries

First Internet Bank of Indiana SBA 7(a) loan profile. $675.2M funded, 474 loans at 9.96% avg rate. See top states, industries & how to apply.

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First Internet Bank of Indiana

National Rank by SBA 7(a) Loan Volume (2025)

$675.2M
Total Volume

474
Loans Funded

$1.4M
Avg Loan Size

9.96%
Avg Interest Rate

About First Internet Bank of Indiana

In 2025, First Internet Bank of Indiana funded $675.2M in SBA 7(a) loans across 474 businesses nationwide, making them the #7 SBA lender in the United States by loan volume.

๐Ÿ’ก Key Insight: First Internet Bank of Indiana’s average loan size is $1.4M at an average rate of 9.96%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.

Loan Types Funded by First Internet Bank of Indiana

Here’s how First Internet Bank of Indiana distributes their SBA loans across different business types:

๐Ÿš€ Startups
31%
$206.4M โ€ข 147 loans

๐Ÿข Existing Businesses
13%
$96.3M โ€ข 63 loans

๐Ÿ”„ Acquisitions
56%
$372.5M โ€ข 264 loans

Top States for First Internet Bank of Indiana (2025)

Here are the states where First Internet Bank of Indiana has the highest SBA lending activity:

RankStateVolumeLoansAvg Size
1 Florida$140.1M103$1.4M
2 California$71.4M42$1.7M
3 Texas$71.3M52$1.4M
4 Indiana$40.4M28$1.4M
5 Colorado$37.0M32$1.2M
6 Michigan$27.8M20$1.4M
7 Washington$25.2M18$1.4M
8 Georgia$24.7M18$1.4M
9 Pennsylvania$22.9M14$1.6M
10 New York$22.0M16$1.4M
11 Maryland$17.8M11$1.6M
12 New Jersey$16.6M12$1.4M
13 Ohio$16.1M11$1.5M
14 Wisconsin$11.9M10$1.2M
15 North Carolina$10.6M8$1.3M

Top Industries Funded by First Internet Bank of Indiana

First Internet Bank of Indiana funds SBA loans across many industries. Here are the sectors where they’re most active:

RankIndustryVolumeLoans
1 Plumbing, Heating, and Air-Conditioning Contractors$44.8M30
2 All Other Specialty Trade Contractors$25.0M16
3 Full-Service Restaurants$23.7M18
4 Electrical Contractors$17.0M10
5 Other Personal Care Services$14.7M9
6 Landscaping Services$14.1M10
7 Marketing Consulting Services$14.0M8
8 Residential Property Managers$12.6M6
9 Fitness and Recreational Sports Centers$12.2M8
10 Advertising Agencies$11.4M6
11 Engineering Services$11.2M8
12 Offices of Lawyers$10.8M6
13 Roofing Contractors$10.7M9
14 Residential Remodelers$10.6M9
15 Child Day Care Services$10.4M6

Top Cities for First Internet Bank of Indiana

Miami, Fl

$13.1M
Volume

11
Loans

Carmel, In

$11.7M
Volume

6
Loans

Dallas, Tx

$11.7M
Volume

6
Loans

Sarasota, Fl

$10.6M
Volume

6
Loans

Tampa, Fl

$9.4M
Volume

7
Loans

Austin, Tx

$9.3M
Volume

8
Loans

West Palm Beach, Fl

$8.0M
Volume

3
Loans

Hialeah, Fl

$7.6M
Volume

4
Loans

Milwaukee, Wi

$7.4M
Volume

6
Loans

Detroit, Mi

$7.4M
Volume

7
Loans

๐Ÿค How to Get a Loan from First Internet Bank of Indiana

Many top SBA lenders, including First Internet Bank of Indiana, work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works directly with First Internet Bank of Indiana and can help you access their loan programs. Our service is completely free to borrowers.

๐Ÿ“ž Get Matched with First Internet Bank of Indiana

Ready to apply for an SBA loan through First Internet Bank of Indiana? Our team can help you get matched with the right lender and program for your business.

Looking for other SBA lenders? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

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