Indiana Statewide Certified Development Corporation: SBA Lending Record
What SBA's own loan files show about Indiana Statewide Certified Development Corporation as an SBA lender, and how a lender's record bears on a feasibility study.
Indiana Statewide as holder
Indiana Statewide Certified Development Corporation holds 447 loans for FY2017 to FY2026. At Indiana Statewide, the gross dollars approved are $411.8 million. All 447 are SBA 504 loans at Indiana Statewide. Indiana Statewide has 0 SBA 7(a) loans among 447. Indiana Statewide is a Certified Development Company. At Indiana Statewide, first-lien lenders are free text. The Indiana Statewide file does not credit them. Indiana Statewide: state of record Indiana. Indiana Statewide is shown as holder of 447 loans at last record, or now. At Indiana Statewide, SBA stands behind the 447. A loan Indiana Statewide passed on no longer shows under Indiana Statewide.
Indiana Statewide: named classes
299 of the 447 loans at Indiana Statewide are unplaced. That limits Indiana Statewide's class view. Indiana Statewide: full-service restaurant first, at 22; hotel and motel at 20, child care center at 17. Then at Indiana Statewide: limited-service restaurant at 11, gas station and truck stop at 10, then beverage manufacturing at 10. Lower at Indiana Statewide: self storage at 7; dental office at 7, fitness center at 7. Next at Indiana Statewide: car wash at 6, next automotive mechanical repair at 6; rehabilitation and therapy clinic at 5. With 299 unplaced loans in front, Indiana Statewide offers class evidence for part of 447.
Indiana Statewide: states
The state table for Indiana Statewide lists Indiana alone, at 440 loans. A project in Indiana meets a Indiana Statewide book. For a project elsewhere, Indiana Statewide gives no state count.
Indiana Statewide: the floors
Indiana Statewide's FY2017 to FY2024 approvals: 10.8% or more cancelled, a floor among 447. Our own rule withholds the Indiana Statewide charge-off rate. Indiana Statewide's cohorts are too small. Indiana Statewide ceiling: 15.6%, counting undisbursed loans as cancelled.
Indiana Statewide: how to read it
The Indiana Statewide record gives a book's shape. 447 loans mark where Indiana Statewide holds SBA loans. 10.8% cancelled marks where Indiana Statewide approvals fell away, a floor for 447. Neither figure decides a Indiana Statewide request. A Indiana Statewide request has own demand and cost. The Indiana Statewide study should say which of the 447 loans resemble the project. For Indiana Statewide, it should name differences. 447 loans, read plainly, give Indiana Statewide a fair view. A floor of 10.8% is history for Indiana Statewide, not a forecast.
Indiana Statewide: study to bring
A borrower weighing Indiana Statewide should treat 447 loans as context, not a promise from Indiana Statewide. In full-service restaurant, Indiana Statewide shows 22 loans as a reference point. Indiana Statewide: the study tests sales per seat. Indiana Statewide needs labour cost tested too. Show Indiana Statewide coverage in a slow year too. Indiana Statewide needs an appraisal that supports it. Indiana Statewide offers just 299 unplaced loans for an unnamed type. Indiana Statewide's study makes the case. Indiana Statewide holds 440 loans in Indiana. Elsewhere, Indiana Statewide holdings need a reason. Cancelled at Indiana Statewide: a floor of 10.8%. Approval is not funding. A Indiana Statewide study should hold up under delay.
SBA loans held by Indiana Statewide Certified Development Corporation
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 447 |
|---|---|
| Gross dollars approved | $411.8 million |
| SBA 7(a) loans | 0 |
| SBA 504 loans | 447 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 10.8% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 15.6% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 299 |
| Full-service restaurant | 22 |
| Hotel and motel | 20 |
| Child care center | 17 |
| Limited-service restaurant | 11 |
| Gas station and truck stop | 10 |
| Beverage manufacturing (breweries, wineries, distilleries) | 10 |
| Self storage | 7 |
| Dental office | 7 |
| Fitness center | 7 |
| Car wash | 6 |
| Automotive mechanical repair (car and truck) | 6 |
| Rehabilitation and therapy clinic | 5 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
| State or area | Loans |
|---|---|
| Indiana | 440 |
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-cdc-0188286.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study consultant
- Old National Bank: SBA Lending Record
- First Internet Bank of Indiana: SBA Lending Record
- First Merchants Bank: SBA Lending Record
- 1st Source Bank: SBA Lending Record
- Merchants Bank of Indiana: SBA Lending Record
- Centier Bank: SBA Lending Record
- Horizon Bank: SBA Lending Record
- German American Bank: SBA Lending Record
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