Old National Bank
Headquartered in EVANSVILLE, IN. Analysis based on 1,498 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $1.39B.
Risk ranking: Among 65 lenders with 500+ mature SBA 7(a) loans (FY2020–FY2023),
Old National Bank ranks #31 by charge-off rate (1.07%).
Total 7(a) loans
1,498
Total approved
$1.39B
Average loan
$929K
States funded in
36
Charge-off rate
1.07%
FY2020–FY2023 cohort
Paid-in-full rate
23.82%
Average rate
7.31%
Average term
149 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 80 |
| 713940 | Fitness and Recreational Sports Centers | 43 |
| 238990 | All Other Specialty Trade Contractors | 43 |
| 722513 | Limited-Service Restaurants | 35 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 32 |
| 624410 | Child Day Care Services | 32 |
| 713990 | All Other Amusement and Recreation Industries | 27 |
| 812112 | Beauty Salons | 26 |
| 621310 | Offices of Chiropractors | 24 |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 24 |
Top 10 states
| State | Loans |
|---|---|
| MN | 471 |
| WI | 197 |
| IN | 192 |
| MI | 135 |
| IL | 107 |
| TN | 78 |
| ND | 58 |
| GA | 53 |
| KY | 47 |
| FL | 24 |
Top franchise brands financed
248 franchise loans across 136 distinct brands.
| Franchise | Loans |
|---|---|
| The UPS Store (f/k/a Mail Box | 13 |
| Smash My Trash | 7 |
| Jimmy John's | 6 |
| Visiting Angels | 4 |
| Ace Hardware | 4 |
| The Toasted Yolk Cafe | 4 |
| Code Ninjas | 4 |
| Burn Boot Camp Fitness | 4 |
| Brunch | 3 |
| Relax The Back | 3 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.