Feasibility Study Data for the Indianapolis-Carmel-Greenwood, IN Metro Area

Indianapolis-Carmel-Greenwood: what the record shows

SBA approved 6,094 loans in Indianapolis-Carmel-Greenwood from FY2017 to FY2026, $2.77 billion in gross dollars. By loan count, Indianapolis-Carmel-Greenwood stands 22 of 928 among all areas. Indianapolis-Carmel-Greenwood loans center on $150,000, the median. Indianapolis-Carmel-Greenwood middle half: $50,000 to $427,875. 0.72x is the Indianapolis-Carmel-Greenwood median set beside the national one. In Indianapolis-Carmel-Greenwood, 5,592 loans were 7(a) and 502 were 504. 14.2% of the loans in Indianapolis-Carmel-Greenwood carry a franchise brand. $2.77 billion is the Indianapolis-Carmel-Greenwood dollar total.

Indianapolis-Carmel-Greenwood: where the loans land

In Indianapolis-Carmel-Greenwood, full-service restaurant leads at 241 loans. Limited-service restaurant follows with 187. Fitness center follows with 137. That is the Indianapolis-Carmel-Greenwood class lead. Next in Indianapolis-Carmel-Greenwood comes beauty salon at 102 loans. The Indianapolis-Carmel-Greenwood record also holds 4,690 loans in no tracked class. The counties carrying most Indianapolis-Carmel-Greenwood loans: Marion County, IN (2,693), Hamilton County, IN (1,443), and Hendricks County, IN (544). At the other end, Brown County, IN holds 37 loans, a sign that Indianapolis-Carmel-Greenwood is not one market.

Indianapolis-Carmel-Greenwood: the lender side

Holders in Indianapolis-Carmel-Greenwood may not be the makers. Indianapolis-Carmel-Greenwood 7(a) holders include KeyBank National Association with 251 loans ($144.6 million), First Merchants Bank with 153 loans ($37.6 million), and Citizens State Bank of New Castle with 141 loans ($42.4 million). Indianapolis-Carmel-Greenwood holders under 504 include 269 loans at Indiana Statewide Certified Development Corporation ($259.5 million) and 6 loans at Business Development Corporation (BDC) ($2.0 million). Indianapolis-Carmel-Greenwood rows serve a borrower as background. The Indianapolis-Carmel-Greenwood rows are silent on holder terms.

Indianapolis-Carmel-Greenwood: what the floors can say

Of Indianapolis-Carmel-Greenwood approvals from FY2017 to FY2024, 10.5% were cancelled, a floor. The Indianapolis-Carmel-Greenwood ceiling is 12.4%, counting undisbursed loans as cancelled. 5.3% is the Indianapolis-Carmel-Greenwood charge-off floor, FY2017 to FY2021 disbursed loans, 2,739 in the cohort. Within five years of approval, Indianapolis-Carmel-Greenwood stands at 2.9%. Treat Indianapolis-Carmel-Greenwood rates as floors. Later events lift them, Indianapolis-Carmel-Greenwood included. Each Indianapolis-Carmel-Greenwood loan is placed by county name. Indianapolis-Carmel-Greenwood follows the July 2023 delineation. If a county fails to match, Indianapolis-Carmel-Greenwood omits it. The Indianapolis-Carmel-Greenwood total includes loans outside the classes.

Indianapolis-Carmel-Greenwood: testing a project

Indianapolis-Carmel-Greenwood approvals were thinnest in FY2026 (436 loans, $315.4 million) and heaviest in FY2018 (730 loans, $253.2 million). The first year, FY2017, shows 668 loans and $246.6 million for Indianapolis-Carmel-Greenwood. FY2026 closes the Indianapolis-Carmel-Greenwood series at 436 loans, $315.4 million. In Indianapolis-Carmel-Greenwood, demand testing starts with Marion County, IN and the businesses already serving it. Indianapolis-Carmel-Greenwood costs sit beside a $150,000 median. Indianapolis-Carmel-Greenwood stands at 0.72x nationally. Debt service in Indianapolis-Carmel-Greenwood is tested downside first. Indianapolis-Carmel-Greenwood lenders read the floors above. Indianapolis-Carmel-Greenwood appraisal evidence comes from area sales. Indianapolis-Carmel-Greenwood income evidence sits beside it. Absorption near Marion County, IN is tested for Indianapolis-Carmel-Greenwood on a slow case. Beside Marion County, IN findings, the Indianapolis-Carmel-Greenwood study lists what it could not test.