STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
4,665
2010–2026
Total Volume
$3.2B
Gross loan amounts
States Active
40
With recorded loans
Programs
7(a) & 504
4665 total segments
Old National Bank has a strong presence in the manufacturing sector, with 674 deals, making it a suitable lender for businesses in this industry. This focus can be beneficial if you're in manufacturing and seeking financing.
With an average 7(a) spread of P+1.69%, Old National Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Old National Bank's growth trend shows a decline of 26% year-over-year in deal volume. This could indicate a tightening of lending criteria, making it potentially more challenging to secure a loan compared to previous years.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 864 504 loans, which use fixed SBA debenture rates.
Top 15 of 40 states where Old National Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Other Health Practitioners
Health Care & Social Assistance
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Old National Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Manufacturing · Under $150K | 7(a) | 88 | P+2.25% | $94K | Q4 2025 |
| Minnesota · Other Health Practitioners · Under $150K | 7(a) | 67 | P+2.00% | $68K | Q4 2025 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 64 | P+2.00% | $71K | Q4 2024 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 53 | P+2.50% | $254K | Q4 2025 |
| Minnesota · Manufacturing · $500K – $1M | 7(a) | 49 | P+2.00% | $755K | Q4 2025 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 47 | P+2.25% | $83K | Q4 2024 |
| Minnesota · Administrative & Waste Services · Under $150K | 7(a) | 44 | P+2.00% | $73K | Q1 2024 |
| Minnesota · Manufacturing · $1M – $2M | 7(a) | 44 | P+2.00% | $1.5M | Q3 2023 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 42 | P+2.25% | $251K | Q1 2025 |
| Minnesota · Wholesale Trade · $150K – $350K | 7(a) | 38 | P+2.38% | $267K | Q3 2025 |
| Minnesota · Arts, Entertainment & Recreation · Under $150K | 7(a) | 37 | P+2.00% | $82K | Q3 2025 |
| Minnesota · Other Health Practitioners · $150K – $350K | 7(a) | 37 | P+1.75% | $241K | Q4 2025 |
| Minnesota · Wholesale Trade · Under $150K | 7(a) | 34 | P+2.13% | $98K | Q3 2021 |
| Minnesota · Specialty Trade Contractors · $150K – $350K | 7(a) | 34 | P+1.75% | $250K | Q1 2025 |
| Minnesota · Retail Trade · Under $150K | 7(a) | 30 | P+2.25% | $91K | Q1 2022 |
| Minnesota · Manufacturing · $350K – $500K | 7(a) | 29 | P+2.25% | $459K | Q3 2025 |
| Minnesota · Personal Care (Salons, Spas) · Under $150K | 7(a) | 27 | P+2.00% | $91K | Q1 2025 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 25 | P+2.25% | $81K | Q4 2024 |
| Minnesota · Manufacturing · $2M – $5M | 7(a) | 25 | P+2.50% | $3.0M | Q4 2025 |
| Minnesota · Management & IT Consulting · Under $150K | 7(a) | 22 | P+2.13% | $79K | Q3 2025 |
| Minnesota · Auto Repair & Maintenance · Under $150K | 7(a) | 22 | P+2.25% | $73K | Q3 2025 |
| Wisconsin · Manufacturing · Under $150K | 7(a) | 21 | P+2.00% | $79K | Q3 2024 |
| Minnesota · Administrative & Waste Services · $150K – $350K | 7(a) | 21 | P+2.00% | $251K | Q3 2024 |
| Illinois · Manufacturing · $1M – $2M | 504 | 20 | — | $1.4M | Q1 2025 |
| Minnesota · Specialty Trade Contractors · $500K – $1M | 7(a) | 19 | P+1.75% | $735K | Q1 2025 |
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