SBA Lending in Carmel, Indiana
The SBA FOIA record lists 992 7(a) approvals worth $282M for businesses in Carmel, IN, and annual volume has fallen 9% versus the prior decade.
- 992
- 7(a) loans
- $282M
- Approved dollars
- $284,488
- Average loan size
- #3
- Rank in Indiana
- -9%
- Annualized vs prior decade
- 4.1%
- Active-status distress
Carmel is the #3 SBA 7(a) market in Indiana and #195 in the country. Since 1991 the FOIA record lists 992 approvals here worth $282M, averaging $284,488 each. Annual approval volume has fallen 9% between FY2013-2019 and FY2020-2026. Among 196 active-status loans, 4.1% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.
What Carmel borrows for
Who lends in Carmel
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Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.