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First Internet Bank of Indiana
FISHERS, IN · Top National Lender · National rank #22
First Internet Bank of Indiana approved 487 SBA 7(a) loans in FY2025, ranking #22 nationally among SBA lenders. Its lending activity was most concentrated in Florida, Texas, and California, with an average loan size of about $1.46 million.
First Internet Bank of Indiana is an SBA 7(a) lender headquartered in Fishers, Indiana. According to FY2025 SBA 7(a) lender activity data, the bank approved 487 SBA 7(a) loans totaling $712,313,800 in approved dollars, with $528,072,524.90 in SBA guaranty dollars backing those loans. The average loan size across this activity was approximately $1,462,657, indicating a portfolio weighted toward larger commercial loans compared to many community-bank SBA lenders.
By national loan volume, First Internet Bank of Indiana ranks #22 among SBA 7(a) lenders for FY2025. The bank's top states for lending activity were Florida (113 loans), Texas (50 loans), and California (38 loans), suggesting a concentration of SBA lending activity outside of its home state of Indiana. Beyond these top three states, FY2025 data shows approved loans spread across a broad list of states, including Colorado, Michigan, Washington, Indiana, Georgia, New York, Nevada, Pennsylvania, New Jersey, Wisconsin, Ohio, South Carolina, Utah, Maryland, Virginia, North Carolina, and over twenty additional states.
This breadth of geographic activity, combined with its national ranking, indicates that First Internet Bank of Indiana operates as a lender with reach well beyond its Fishers, Indiana headquarters. All figures presented here are drawn strictly from FY2025 SBA 7(a) lender activity data and do not reflect interest rates, underwriting criteria, or likelihood of loan approval.
Where First Internet Bank of Indiana lends
| State | Loans | Dollars |
|---|---|---|
| Florida | 113 | $157,059,000 |
| Texas | 50 | $72,680,000 |
| California | 38 | $66,428,000 |
| Michigan | 29 | $36,340,000 |
| Washington | 22 | $34,070,000 |
| Colorado | 31 | $33,022,000 |
| Georgia | 16 | $27,381,000 |
| Indiana | 20 | $25,445,000 |
| New York | 16 | $23,590,000 |
| Pennsylvania | 12 | $21,478,000 |
| Utah | 7 | $17,398,000 |
| Nevada | 14 | $17,044,000 |
| New Jersey | 12 | $16,650,000 |
| Wisconsin | 12 | $14,021,000 |
| Ohio | 8 | $12,628,000 |
Questions people ask
Is First Internet Bank of Indiana an SBA lender?
Yes, it is an SBA 7(a) lender, according to FY2025 SBA activity data.
How many SBA 7(a) loans did First Internet Bank of Indiana approve in FY2025?
It approved 487 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved?
Approved loans totaled $712,313,800 in FY2025.
What is First Internet Bank of Indiana's average SBA loan size?
The average loan size was approximately $1,462,657.
How much of the loan volume was backed by SBA guaranty?
SBA guaranty dollars totaled $528,072,524.90 in FY2025.
Where is First Internet Bank of Indiana headquartered?
It is headquartered in Fishers, Indiana.
Where is First Internet Bank of Indiana most active with SBA lending?
Its top states by loan volume are Florida (113 loans), Texas (50 loans), and California (38 loans).
Is First Internet Bank of Indiana a national or regional SBA lender?
It appears to be a national lender, with FY2025 loans recorded across 40 states.
How does First Internet Bank of Indiana rank by SBA loan volume?
It ranks #22 nationally among SBA 7(a) lenders in FY2025.
Does First Internet Bank of Indiana lend primarily in its home state?
No, its top lending states in FY2025 were Florida, Texas, and California rather than Indiana.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with First Internet Bank of Indiana; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.