Lender intelligence
Financing a commercial and institutional building construction acquisition in Indiana
The SBA 7(a) lenders funding the most commercial and institutional building construction acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in commercial and institutional building construction · Indiana
Ranked by funded commercial and institutional building construction acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.116 loans · $120M · Evansville, INFull record →
- 2.88 loans · $96M · Muncie, INFull record →
- 3.16 loans · $6M · New Castle, INFull record →
5+ funded Commercial and Institutional Building Construction in Indiana deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- PERSICA LLC in Noblesville, IN — $1.2M (2023) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.49% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $904K (75%)
- Approval → funding
- 14 days
- Approved
- 11/16/2022
- First disbursed
- 11/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Commercial and Institutional Building Construction
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $134K
- Est. cash at closing
- $184K
- Monthly payment
- $14,301
- Annual debt service
- $172K
- Cash flow needed (1.25×)
- $215K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
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- CS4J INC. in Indianapolis, IN — $3.8M (2022) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.72% fixed
- Term
- 177 months
- SBA guaranteed
- $2.8M (75%)
- Approval → funding
- 3 days
- Approved
- 9/27/2022
- First disbursed
- 9/30/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Commercial and Institutional Building Construction
If you were the buyer here
- Est. deal size
- $4.2M
- Est. down payment (10%)
- $422K
- Est. cash at closing
- $583K
- Monthly payment
- $33,856
- Annual debt service
- $406K
- Cash flow needed (1.25×)
- $508K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
- S.A. Boyce Corporation in Muncie, IN — $640K (2021) · purchase · First Merchants Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $576K (90%)
- Approval → funding
- 0 days
- Approved
- 9/26/2021
- First disbursed
- 9/26/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Commercial and Institutional Building Construction
If you were the buyer here
- Est. deal size
- $711K
- Est. down payment (10%)
- $71K
- Est. cash at closing
- $95K
- Monthly payment
- $6,946
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $104K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
- S.A. Boyce Corporation in Muncie, IN — $250K (2021) · purchase · First Merchants Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $188K (75%)
- Approval → funding
- 0 days
- Approved
- 9/27/2021
- First disbursed
- 9/27/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Commercial and Institutional Building Construction
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $2,713
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $41K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
- HERITAGE MASONRY RESTORATION CO., LLC in Indianapolis, IN — $200K (2020) · purchase · Citizens State Bank of New Castle
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6% variable
- Term
- 119 months
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 39 days
- Approved
- 7/23/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 19
- Business age
- Change of Ownership
- Industry
- Commercial and Institutional Building Construction
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,234
- Annual debt service
- $27K
- Cash flow needed (1.25×)
- $34K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Citizens State Bank of New Castle · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to commercial and institutional building construction businesses with a Indiana project address.
Agent summary
How to finance a commercial and institutional building construction acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. Old National Bank funds the most here. DealRoom is not a lender.
- $527K typical loan
- 3 lenders active in Indiana
- 5+ funded Indiana deals
- 14 days typical to fund
Buyers buying a commercial and institutional building construction in Indiana typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.