| $150,000–350,000 | ROD CLARKE TRUCKING, LLC | VICTOR, MT | Farmers State Bank |
| $350,000–1 million | ROGERS CONCRETE CONSTRUCTION INC | ANAMOSA, IA | Farmers State Bank |
| $150,000–350,000 | RON BURGE TRUCKING INC | BURBANK, OH | Farmers State Bank |
| $350,000–1 million | ROSS HOLDINGS LLC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | RYAN MOTORS INC. | HIAWATHA, IA | Farmers State Bank |
| $350,000–1 million | S.A.C.S. TRUCKING, INC. | MISSOULA, MT | Farmers State Bank |
| $150,000–350,000 | SANCTUARY SPA | CEDAR RAPIDS, IA | Farmers State Bank |
| $350,000–1 million | SCHOITZ ENGINEERING INC. | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | SCHOOL BUS SALES CO. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | SCHWARTZ WOODWORKING, LLC | MILLERSBURG, IN | Farmers State Bank |
| $150,000–350,000 | SCOTT CUSTOM ROUTING, INC. | SHIPSHEWANA, IN | Farmers State Bank |
| $150,000–350,000 | SECURIAN ADVISORS MIDAMERICA, INC. | HIAWATHA, IA | Farmers State Bank |
| $150,000–350,000 | SERVE LINK HOME CARE INC. | TRENTON, MO | Farmers State Bank |
| $150,000–350,000 | SERVICE ROOFING COMPANY, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | SHB CONSTRUCTION | DE BERRY, TX | Farmers State Bank |
| $350,000–1 million | SHERROD SERVICES LLC | GROESBECK, TX | Farmers State Bank |
| $350,000–1 million | SHIPSHEWANA AUCTION, INC. | SHIPSHEWANA, IN | Farmers State Bank |
| $150,000–350,000 | SHOP N GO MARKET INC | HAMILTON, MT | Farmers State Bank |
| $150,000–350,000 | SHOUN LUMBER LLC | BUTLER, TN | Farmers State Bank |
| $150,000–350,000 | SHRI SIDDHIPRIYA, INC. | INDEPENDENCE, IA | Farmers State Bank |
| $150,000–350,000 | SIENA HILLS SENIOR HOUSING, LLC | WEST DES MOINES, IA | Farmers State Bank |
| $150,000–350,000 | SILVER EAGLE INVESTMENTS | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | SIMON SEZ POWERHOUSE, INC. | WAVERLY, IA | Farmers State Bank |
| $150,000–350,000 | SLOAN CONCRETE LLC | ASHLAND, OH | Farmers State Bank |
| $2–5 million | SOUTH LIMESTONE HOSPITAL DISTRICT | GROESBECK, TX | Farmers State Bank |
| $150,000–350,000 | SOUTHERN TITLE OF OHIO LTD | MANSFIELD, OH | Farmers State Bank |
| $1–2 million | SPINUTECH, INC. | CEDAR FALLS, IA | Farmers State Bank |
| $150,000–350,000 | SPORTS CONNECTION, INC. | MARION, IA | Farmers State Bank |
| $150,000–350,000 | ST. JOHN AMERICAN LUTHERAN CHURCH OF CEDAR FALLS, IOWA | CEDAR FALLS, IA | Farmers State Bank |
| $150,000–350,000 | ST. JOSEPH CHURCH, MARION, IOWA | MARION, IA | Farmers State Bank |
| $150,000–350,000 | ST. PIUS & ST. ELZABETH ANN SETON SCHOOLS, CEDAR RAPIDS, IOWA | CEDAR RAPIDS, IA | Farmers State Bank |
| $150,000–350,000 | STANBRICK DENTAL SERVICES, LLC | LONE TREE, CO | Farmers State Bank |
| $350,000–1 million | STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION | ANGOLA, IN | Farmers State Bank |
| $150,000–350,000 | STONEY POINT MEADOWS LLC | CEDAR RAPIDS, IA | Farmers State Bank |
| $150,000–350,000 | STRAIGHTAWAY FABRICATIONS, LTD | ASHLAND, OH | Farmers State Bank |
| $150,000–350,000 | STRICTLY PLUMBING, INC | CEDAR RAPIDS, IA | Farmers State Bank |
| $150,000–350,000 | T.E.E.M. TRADING COMPANY, INC. | TOPEKA, IN | Farmers State Bank |
| $150,000–350,000 | TAYLOR VENTURES, PLLC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | THE ART OF EDUCATION UNIVERSITY, LLC | OSAGE, IA | Farmers State Bank |
| $350,000–1 million | THE CEDAR RAPIDS DENTAL CENTER | CEDAR RAPIDS, IA | Farmers State Bank |
| $150,000–350,000 | THE COMMUNITY HEALTH CLINIC INC. | TOPEKA, IN | Farmers State Bank |
| $150,000–350,000 | THE FIRST ASSEMBLY OF GOD CHURCH CEDAR RAPIDS IOWA | CEDAR RAPIDS, IA | Farmers State Bank |
| $350,000–1 million | THE RV FACTORY LLC | ELKHART, IN | Farmers State Bank |
| $150,000–350,000 | THE SINNOTT AGENCY, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | THE TRINITY LUTHERAN CHURCH OF ASHLAND | ASHLAND, OH | Farmers State Bank |
| $350,000–1 million | THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE CEDAR RAPIDS METROPOLITAN AREA | CEDAR RAPIDS, IA | Farmers State Bank |
| $350,000–1 million | THOR'S HAMMER INC. | CHEYENNE, WY | Farmers State Bank |
| $350,000–1 million | TIMBERLINE MANAGEMENT, INC. | HIAWATHA, IA | Farmers State Bank |
| $150,000–350,000 | TONY'S PLUMBING AND HEATING, LLC | CEDAR FALLS, IA | Farmers State Bank |
| $350,000–1 million | TOPEKA GRAPHICS, INC. | TOPEKA, IN | Farmers State Bank |
| $150,000–350,000 | TOPEKA NEW HOLLAND, INC. | TOPEKA, IN | Farmers State Bank |
| $350,000–1 million | TRI-STATE CRANE RIGGING SERVICE, LLC | CEDAR RAPIDS, IA | Farmers State Bank |
| $150,000–350,000 | TWO THUMBS UP INVESTMENTS LLC | WAVERLY, IA | Farmers State Bank |
| $350,000–1 million | UNITED BEVERAGE, INC. | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | UNITED BEVERAGE, L.L.C. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | US CRANE & EQUIPMENT INC | PLEASANT HILL, IA | Farmers State Bank |
| $1–2 million | US ERECTORS, INC | PLEASANT HILL, IA | Farmers State Bank |
| $150,000–350,000 | VENTURE MOTOR INN OF LIBBY MT INC | LIBBY, MT | Farmers State Bank |
| $2–5 million | VESTIL MANUFACTURING CORP. | ANGOLA, IN | Farmers State Bank |
| $150,000–350,000 | VIETH CONSTRUCTION CORPORATION | CEDAR FALLS, IA | Farmers State Bank |
| $150,000–350,000 | WANA ENGINE CENTER, INC | SHIPSHEWANA, IN | Farmers State Bank |
| $150,000–350,000 | WAPSIE PINES LAWN CARE AND LANDSCAPING, INC. | CEDAR FALLS, IA | Farmers State Bank |
| $150,000–350,000 | WASTE TECH, INC. | DENVER, IA | Farmers State Bank |
| $150,000–350,000 | WATERLOO TENT AND TARP COMPANY INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | WEBB CONCRETE INC. | INDEPENDENCE, IA | Farmers State Bank |
| $150,000–350,000 | WEBB ORTHODONTICS, LLP | SCOTTSBLUFF, NE | Farmers State Bank |
| $150,000–350,000 | WEIDENBACH CONCRETE WORKS, INC. | PARKSTON, SD | Farmers State Bank |
| $350,000–1 million | WEST HOLT MEMORIAL HOSPITAL | ATKINSON, NE | Farmers State Bank |
| $150,000–350,000 | WEST POINT WOODWORKING LLC | SHIPSHEWANA, IN | Farmers State Bank |
| $150,000–350,000 | WHITAKER PLUMBING, INC | CARTHAGE, TX | Farmers State Bank |
| $350,000–1 million | WHITETAIL PROPERTIES REAL ESTATE LLC | PITTSFIELD, IL | Farmers State Bank |
| $150,000–350,000 | WIMP'S BODY WORKS INC | HAMILTON, MT | Farmers State Bank |
| $350,000–1 million | WINDOWS BY PELLA, INC. | WATERLOO, IA | Farmers State Bank |
| $1–2 million | WITHAM AUTO CENTERS, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | ZEIGLER PAINT CONTRACTORS, INC | DUBLIN, GA | Farmers State Bank |
| $150,000–350,000 | ZIO JOHNO'S INC. | MARION, IA | Farmers State Bank |