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SBA Loans in Mount Vernon, IN

Explore recent SBA 7(a) and 504 lending activity in Mount Vernon. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans
32
all programs
Approved $
$11.5M
last 24 months
Avg loan
$361K
median $245K
Active lenders
12
approved here
Jobs supported
277
cumulative

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MOUNT VERNON · 32 LOANS

Top lenders in Mount Vernon

First Federal Savings Bank
5
Heritage Federal Credit Union
5
Old National Bank
5
Fifth Third Bank
4
Indiana Statewide Certified Development Corporation
3
Byline Bank
2

Top industries in Mount Vernon

Limited-Service Restaurants
3
Offices of Chiropractors
3
Beauty Salons
2
Coin-Operated Laundries and Drycleaners
2
Funeral Homes and Funeral Services
2
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Loan records · Mount Vernon, IN
32 records
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XP Innovation, LLC
Mount Vernon, IN · 47620
$2,170,000
7(a)
First Federal Savings Bank$33K/job · 2014-10-17
Derrick T. Wells, LLC
Mount Vernon, IN · 47620
$1,475,000
7(a)
Byline Bank$492K/job · 2019-09-24
XP Innovation, LLC
Mount Vernon, IN · 47620
$1,300,000
7(a)
First Federal Savings Bank$20K/job · 2014-10-17
Posey Management, LLC
Mount Vernon, IN · 47620
$1,234,900
7(a)
Old National Bank$206K/job · 2017-12-01
Denning Family Real Estate LLC
Mount Vernon, IN · 47620
$620,000
7(a)
The First National Bank of Carmi$207K/job · 2021-03-22
POLAR MINERALS, INC.
Mount Vernon, IN · 47620
$561,000
504
Indiana Statewide Certified Development Corporation$23K/job · 1991-02-26
Scooter's Coffee - Mount Vernon
Mount Vernon, IN · 47620
$546,000
504
Indiana Statewide Certified Development Corporation$109K/job · 2024-06-05
Legacy Concrete Construction Inc
Mount Vernon, IN · 47620
$442,000
7(a)
German American Bank$147K/job · 2022-03-07
ZAPS TAVERN INC
Mount Vernon, IN · 47620
$338,000
7(a)
First Federal Savings Bank$56K/job · 2019-02-14
Rutledge Properties, LLC
Mount Vernon, IN · 47620
$324,700
7(a)
First Federal Savings Bank$162K/job · 2021-11-10
Kellys K9 Grooming LLC
Mount Vernon, IN · 47620
$297,500
7(a)
Heritage Federal Credit Union$74K/job · 2023-10-12
Growponics Indiana, Inc.
Mount Vernon, IN · 47620
$260,000
7(a)
Old National Bank$87K/job · 2012-04-13
MOUNT VERNON HOME CENTER INC
Mount Vernon, IN · 47620
$219,000
504
Indiana Statewide Certified Development Corporation$14K/job · 2004-10-28
DiMaggios Italian Pizza
Mount Vernon, IN · 47620
$218,000
7(a)
Heritage Federal Credit Union$22K/job · 2025-06-17
Denning Family Funeral Home & Cremation Services LLC
Mount Vernon, IN · 47620
$186,600
7(a)
The First National Bank of Carmi$62K/job · 2021-03-22
Juncker Restoration LLC
Mount Vernon, IN · 47620
$170,000
7(a)
Heritage Federal Credit Union$28K/job · 2020-01-22
Derrick T. Wells, LLC
Mount Vernon, IN · 47620
$145,000
7(a)
Byline Bank$48K/job · 2019-09-24
Cheryl Erwin
Mount Vernon, IN · 47620
$130,000
7(a)
Heritage Federal Credit Union$43K/job · 2022-03-11
TAPESTRY BED & BREAKFAST
Mount Vernon, IN · 47620
$125,000
7(a)
Fifth Third Bank1994-11-30
LOGISTICS ENTERPRISES, INC
Mount Vernon, IN · 47620
$100,000
7(a)
Fifth Third Bank2000-06-06
Quilts and More
Mount Vernon, IN · 47620
$100,000
7(a)
Celtic Bank Corporation$20K/job · 2016-10-24
4WAGS KENNEL, LLC
Mount Vernon, IN · 47620
$90,000
7(a)
Fifth Third Bank$90K/job · 2015-09-11
SUBWAY SANDWICHES & SALADS
Mount Vernon, IN · 47620
$71,600
7(a)
People's Bank & Trust Company1992-12-02
Roeder Farms, LLC
Mount Vernon, IN · 47620
$67,500
7(a)
Fifth Third Bank$23K/job · 2018-07-19
Bubble Bank Express Laundromat LLC
Mount Vernon, IN · 47620
$67,000
504
Premier Capital Corporation$34K/job · 2014-07-21
1–25 of 32
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