Old National Bank SBA Loans – Rates, States & Industries

Old National Bank SBA 7(a) loan profile. $198.6M funded, 206 loans at 8.15% avg rate. See top states, industries & how to apply.

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Old National Bank

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

$198.6M
Total Volume

206
Loans Funded

$964K
Avg Loan Size

8.15%
Avg Interest Rate

About Old National Bank

In 2025, Old National Bank funded $198.6M in SBA 7(a) loans across 206 businesses nationwide, making them the #34 SBA lender in the United States by loan volume.

💡 Key Insight: Old National Bank’s average loan size is $964K at an average rate of 8.15%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.

Loan Types Funded by Old National Bank

Here’s how Old National Bank distributes their SBA loans across different business types:

🚀 Startups
33%
$52.4M • 69 loans

🏢 Existing Businesses
31%
$59.1M • 64 loans

🔄 Acquisitions
35%
$87.1M • 73 loans

Top States for Old National Bank (2025)

Here are the states where Old National Bank has the highest SBA lending activity:

RankStateVolumeLoansAvg Size
1 Minnesota$55.7M71$785K
2 Wisconsin$54.8M40$1.4M
3 Illinois$21.1M20$1.1M
4 Michigan$19.0M18$1.1M
5 Indiana$16.5M24$687K
6 Tennessee$11.5M15$770K
7 North Dakota$9.5M7$1.4M
8 Kentucky$4.9M5$980K
9 Ohio$3.3M3$1.1M
10 Missouri$2.4M3$789K

Top Industries Funded by Old National Bank

Old National Bank funds SBA loans across many industries. Here are the sectors where they’re most active:

RankIndustryVolumeLoans
1 Full-Service Restaurants$11.2M11
2 All Other Miscellaneous Fabricated Metal Product Manufacturing$9.8M6
3 Limited-Service Restaurants$9.6M6
4 Commercial Gravure Printing$9.0M5
5 Engineering Services$6.8M4
6 Other Miscellaneous Durable Goods Merchant Wholesalers$6.0M3
7 Solid Waste Collection$5.6M3
8 Plumbing, Heating, and Air-Conditioning Contractors$5.5M7
9 Child Day Care Services$5.3M3
10 Industrial Machinery and Equipment Merchant Wholesalers$5.0M1
11 All Other Transportation Equipment Manufacturing$5.0M1
12 Offices of Physicians (except Mental Health Specialists)$5.0M2
13 Support Activities for Metal Mining$5.0M2
14 Apparel Accessories and Other Apparel Manufacturing$4.7M4
15 Institutional Furniture Manufacturing$4.6M1

Top Cities for Old National Bank

Milwaukee, Wi

$6.1M
Volume

5
Loans

Chicago, Il

$6.0M
Volume

6
Loans

Coon Rapids, Mn

$5.7M
Volume

3
Loans

Franklin, Tn

$5.6M
Volume

5
Loans

Fargo, Nd

$5.4M
Volume

3
Loans

Dale, Wi

$5.0M
Volume

1
Loans

Kalamazoo, Mi

$5.0M
Volume

1
Loans

Mankato, Mn

$5.0M
Volume

2
Loans

Lake Geneva, Wi

$5.0M
Volume

2
Loans

Jackson, Mi

$5.0M
Volume

2
Loans

🤝 How to Get a Loan from Old National Bank

Many top SBA lenders, including Old National Bank, 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 Old National Bank and can help you access their loan programs. Our service is completely free to borrowers.

📞 Get Matched with Old National Bank

Ready to apply for an SBA loan through Old National Bank? 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.

Other Top SBA Lenders

Picture of Ishan Jetley

Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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