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PPP Loans in Indiana

186,166 loans worth $13.8B went to businesses and nonprofits in Indiana in 2020 and 2021, supporting 1,602,014 reported jobs.

Loans
186,166
Program ran 2020 to 2021
Total approved
$13.8B
Average $74,336
Jobs reported
1,602,014
Forgiven
$13.5B
97% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Indiana

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Marion County35,952$3B301,789
2Lake County21,698$1.2B131,029
3Allen County9,845$944M113,989
4Hamilton County10,497$898M103,678
5St. Joseph County7,826$706M78,014
6Elkhart County4,106$518M59,808
7Vanderburgh County5,155$511M58,930
8Porter County4,177$301M37,853
9Tippecanoe County4,318$267M34,043
10Monroe County2,884$255M33,914
11Hendricks County4,334$238M30,005
12Clark County2,318$230M26,278
13Johnson County3,506$229M29,431
14Vigo County2,412$189M24,534
15LaPorte County2,886$189M23,819
16Delaware County2,112$178M25,011
17Bartholomew County1,683$167M19,339
18Kosciusko County1,744$166M18,617
19Floyd County1,657$160M18,290
20Boone County2,284$144M17,185
21Madison County2,401$142M17,602
22Hancock County1,882$132M16,125
23Dubois County1,552$130M14,831
24Howard County1,975$103M13,038
25Wayne County1,469$101M12,468
26Shelby County1,133$95.8M11,146
27Grant County1,477$94M11,724
28DeKalb County1,043$90.6M9,926
29Marshall County1,223$87.8M10,527
30Noble County1,026$76.7M8,458
31Ripley County1,034$75.7M9,061
32Morgan County1,343$75.2M9,895
33Warrick County1,408$74.7M9,903
34Adams County864$73.4M7,730
35Steuben County854$71.8M8,902
36Wells County732$70.9M7,658
37Knox County1,134$69.6M9,622
38Whitley County891$65.9M7,569
39Daviess County1,010$65M8,250
40Wabash County889$63.7M7,165
41Lawrence County870$61.8M7,390
42Jackson County1,045$61.3M7,513
43Huntington County1,165$54.7M8,433
44Jasper County966$54.6M6,769
45Henry County908$53.4M6,281
46LaGrange County582$52.5M6,876
47Dearborn County894$51.2M7,624
48Jefferson County691$50.6M5,792
49Gibson County711$45.8M6,623
50Montgomery County1,064$45.4M5,845
51Posey County520$45.4M4,268
52Cass County881$44.2M6,152
53White County903$43.3M6,034
54Decatur County830$43.1M5,036
55Putnam County824$43M5,936
56Jennings County402$38.2M3,900
57Harrison County642$37.3M5,078
58Fulton County618$35.4M4,410
59Clay County731$34.3M4,615
60Clinton County748$34.1M4,416
61Spencer County487$34.1M3,753
62Tipton County487$33.8M3,588
63Miami County719$31.5M4,096
64Jay County659$31.4M4,412
65Randolph County665$31.3M3,417
66Scott County400$30.8M3,578
67Pulaski County540$27.9M3,411
68Orange County493$26.6M3,498
69Newton County470$25.6M2,596
70Sullivan County487$25.2M3,111
71Rush County567$24M3,190
72Greene County567$23.1M2,972
73Parke County469$23.1M2,518
74Perry County450$21.7M3,172
75Fayette County400$21.2M2,612
76Vermillion County405$21.2M2,362
77Starke County442$17.6M2,657
78Warren County295$17.4M1,958
79Franklin County521$17.2M2,167
80Washington County492$17M2,283
81Carroll County584$16.8M2,631
82Brown County308$15.1M2,271
83Fountain County343$14.9M1,656
84Owen County358$12.3M1,968
85Pike County176$10.4M1,151
86Blackford County207$9.7M1,182
87Benton County291$9.4M1,025
88Union County272$6.3M776
89Crawford County113$3.8M563
90Switzerland County146$3.5M635
91Martin County48$2.2M279
92Ohio County66$2.1M319

Loans by industry

Share of total loan dollars

  • Manufacturing9,415 loans16.0%
  • Construction18,135 loans13.1%
  • Health care and social assistance14,322 loans11.3%
  • Professional and technical services17,157 loans9.2%
  • Accommodation and food services12,587 loans7.8%
  • Other services29,568 loans7.6%
  • Retail trade14,700 loans6.7%
  • Wholesale trade5,784 loans5.2%
  • Transportation and warehousing14,167 loans4.8%
  • Administrative and support services9,522 loans4.6%

Loans by size

Share of the number of loans

  • Under $20K80,26243.1%
  • $20K to $50K64,64534.7%
  • $50K to $150K24,66013.2%
  • $150K to $350K9,3855.0%
  • $350K to $1M5,1712.8%
  • $1M to $2M1,3600.7%
  • $2M or more6830.4%

Top lenders

By loan dollars

  1. 1JPMorgan Chase Bank, National Association7,924$865M
  2. 2Old National Bank7,393$847M
  3. 3First Merchants Bank5,598$811M
  4. 4Lake City Bank3,501$710M
  5. 51st Source Bank5,815$614M
  6. 6PNC Bank, National Association4,920$597M
  7. 7The Huntington National Bank3,551$470M
  8. 8First Financial Bank4,681$463M
  9. 9Fifth Third Bank4,280$423M
  10. 10German American Bank4,494$416M

Largest PPP loans in Indiana

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Specialty Steel Works IncorporatedManufacturingHammond, IN46327$10M500$10.1MForgiven on 06/11/202104/15/2020
V Global Holdings LLCManufacturingIndianapolis, IN46204$10M500$10.1MForgiven on 06/17/202104/16/2020
Diverse Staffing Services, INC.Administrative and support servicesIndianapolis, IN46268$10M500$10.1MForgiven on 06/11/202104/16/2020
Crown Corr, INC.ConstructionGary, IN46406$10M463-04/11/2020
C.A. Advanced INCConstructionWakarusa, IN46573$10M438$10.1MForgiven on 06/11/202104/05/2020
White Stallion Energy, LLCMining, oil and gasEvansville, IN47715$10M499$10.1MForgiven on 03/22/202104/05/2020
Protrans Holdings, INC.Management of companiesIndianapolis, IN46241$10M500$10.2MForgiven on 03/14/202204/27/2020
Draper, INC.ManufacturingSpiceland, IN47385$10M500$10.1MForgiven on 02/19/202104/05/2020
Venture Transport, LLCTransportation and warehousingIndianapolis, IN46217$10M500$10.1MForgiven on 06/30/202107/21/2020
Hallador Energy CompanyMining, oil and gasTerre Haute, IN47802$10M500$10.1MForgiven on 07/27/202104/07/2020
Tradebe Capital CorporationAdministrative and support servicesMerrillville, IN46410$10M500$10.1MForgiven on 06/15/202105/18/2020
Countrymark Refining & Logistics LLCMining, oil and gasMount Vernon, IN47620$10M380$9.4MForgiven on 06/11/202104/15/2020
If&p Foods, LLCWholesale tradeIndianapolis, IN46218$9.8M250-04/06/2020
Pro Resources, INC.Administrative and support servicesFort Wayne, IN46805$9.6M500$9.7MForgiven on 06/11/202104/14/2020
Maple Leaf, INC.Agriculture, forestry and fishingLeesburg, IN46538$9.6M250$9.7MForgiven on 03/25/202104/05/2020
Flanders Cr Acquisition, INC.ManufacturingEvansville, IN47725$9.3M500$9.4MForgiven on 06/11/202104/29/2020
Rea Magnet Wire Company, INC.ManufacturingFort Wayne, IN46805$9.3M498$9.4MForgiven on 06/11/202104/09/2020
Urschel Laboratories, INC.ManufacturingChesterton, IN46304$9.2M443$9.3MForgiven on 06/25/202104/28/2020
Novae CorpManufacturingMarkle, IN46770$9.2M500$9.3MForgiven on 08/20/202104/06/2020
Fusion Alliance, LLCProfessional and technical servicesCarmel, IN46280$8.9M375$9MForgiven on 06/17/202104/07/2020
Genesis Products, LLCManufacturingElkhart, IN46514$8.8M500$8.9MForgiven on 06/11/202104/05/2020
Damar Services INCHealth care and social assistanceIndianapolis, IN46241$8.7M403$8.8MForgiven on 02/18/202203/25/2021
Cunningham Restaurant Group LLCAccommodation and food servicesIndianapolis, IN46202$8.5M500$8.6MForgiven on 08/18/202104/09/2020
Schurz Communications INCInformationMishawaka, IN46545$8.5M415$7.2MForgiven on 11/25/202204/15/2020
Envista, LLCProfessional and technical servicesCarmel, IN46032$8.3M420$8.4MForgiven on 06/16/202104/07/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Indiana?
Lenders approved 186,166 PPP loans worth $13,838,833,489 for borrowers in Indiana, an average of $74,336 per loan.
What was the largest PPP loan in Indiana?
The largest was $10,000,000 to Specialty Steel Works Incorporated in HAMMOND, which reported 500 jobs.
Which county in Indiana got the most PPP money?
Marion County received the most, $3B across 35,952 loans.