# 38th and Lafayette Inc, INDIANAPOLIS IN: $2,830,500 SBA 7(a) loan approved 2026-01-28

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | 38th and Lafayette Inc |
| Location | INDIANAPOLIS, IN, 46222 |
| County | MARION |
| Program | SBA 7(a) |
| Gross approval | $2,830,500 |
| SBA guaranteed | $2,122,875 |
| Approved | 2026-01-28 |
| Lender | Merchants Bank of Indiana |
| Term (months) | 312 |
| Industry | Gasoline Stations with Convenience Stores |
| NAICS | 457110 |
| Franchise | Herdrich Petroleum Corp (Multi-Brands) Contract of Sale |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 9 |

## Why this score
- Approval of $2M or more: major new capital.
- New business: still buying services and equipment.
- Franchise (Herdrich Petroleum Corp (Multi-Brands) Contract of Sale).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.