| $350,000–1 million | BEST-ONE OF KANSAS, INC | GREAT BEND, KS | First Merchants Bank |
| $150,000–350,000 | BETTINARDI GOLF, INC. | TINLEY PARK, IL | First Merchants Bank |
| $150,000–350,000 | BEUTLER MEAT PROCESSING INC | LAFAYETTE, IN | First Merchants Bank |
| $150,000–350,000 | BIERHAVEN, LLC | WOODHAVEN, MI | First Merchants Bank |
| $350,000–1 million | BIESEN EXCAVATING INC | GRIFFITH, IN | First Merchants Bank |
| $150,000–350,000 | BIG BROS/BIG SISTERS NE IN INC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | BIG SKY STEAKS INC | ANDERSON, IN | First Merchants Bank |
| $150,000–350,000 | BILL AND MIKE'S PHOTO, INC. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | BIRD+BULL INC. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | BIXLER INSURANCE, INC. | GENEVA, IN | First Merchants Bank |
| $150,000–350,000 | BLACHLY, TABOR,BOZIK & HARTMAN LLC | VALPARAISO, IN | First Merchants Bank |
| $150,000–350,000 | BLANDFORD BROS., INC | LOWELL, IN | First Merchants Bank |
| $150,000–350,000 | BOLLENBACHER & ASSOCIATES, LLC | PORTLAND, IN | First Merchants Bank |
| $350,000–1 million | BOMAR FOODS, INC. | LAFAYETTE, IN | First Merchants Bank |
| $2–5 million | BONE DRY ROOFING INC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | BOTT MECHANICAL COMPANY, INC. | WABASH, IN | First Merchants Bank |
| $150,000–350,000 | BOYS & GIRLS CLUB OF NOBLESVILLE | NOBLESVILLE, IN | First Merchants Bank |
| $150,000–350,000 | BRAMMER & YEEND PROFESSIONAL CORPORATION | SHELBYVILLE, IN | First Merchants Bank |
| $150,000–350,000 | BRAND INNOVATION GROUP, LLC | FORT WAYNE, IN | First Merchants Bank |
| $350,000–1 million | BRENART EYE CLINIC, LLC | YORKVILLE, IL | First Merchants Bank |
| $350,000–1 million | BRI STAFFING INC | MOORESVILLE, IN | First Merchants Bank |
| $350,000–1 million | BRICK STREET PARTNERS LLC | EVANSTON, IL | First Merchants Bank |
| $150,000–350,000 | BRIDAN ENTERPRISES INC. | MONROE, MI | First Merchants Bank |
| $150,000–350,000 | BRIDAN FOOD SERVICES, INC. | MONROE, MI | First Merchants Bank |
| $150,000–350,000 | BRIDGES OF HOPE LLC | ANDERSON, IN | First Merchants Bank |
| $150,000–350,000 | BRILISTA FOODS COMPANY | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | BRITTAIN & FOSTER INC | GENEVA, IL | First Merchants Bank |
| $350,000–1 million | BROCK CONTSTRUCTION INC | DYER, IN | First Merchants Bank |
| $350,000–1 million | BROTHERS EXPRESS | FORT WAYNE, IN | First Merchants Bank |
| $1–2 million | BRULIN HOLDING COMPANY, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | BRUNOS SWISS INN, INC. | WEST LAFAYETTE, IN | First Merchants Bank |
| $2–5 million | BUCHANAN HAULING & RIGGING, INC. | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | BUCKEYE CHRYSLER JEEP DODGE OF SHELBY LLC | SHELBY, OH | First Merchants Bank |
| $150,000–350,000 | BUCKEYE DENTAL GROUP OF BACH, LAMIELLE AND STANICH, D.D.S., LLC | MASSILLON, OH | First Merchants Bank |
| $150,000–350,000 | BUG PATROL OF OHIO | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | BUILDERS LUMBER & HARDWARE, INC. | SHELBYVILLE, IN | First Merchants Bank |
| $1–2 million | BULLDOG BATTERY CORPORATION | WABASH, IN | First Merchants Bank |
| $150,000–350,000 | BULLDOG CONSULTING SERVICES, LLC | LEO, IN | First Merchants Bank |
| $350,000–1 million | BUNN EXCAVATING INC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | BUSINESS SYSTEM SOLUTIONS, INC. | WEST LAFAYETTE, IN | First Merchants Bank |
| $2–5 million | BUTLER, FAIRMAN AND SEUFERT, INCORPORATED | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | C & H MOTORS INC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | C & P MACHINE SERVICE INC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | C & T LAWN CARE, LLC | SOUTH HOLLAND, IL | First Merchants Bank |
| $150,000–350,000 | C MUSSON CONSTRUCTION INC. | MONROE, MI | First Merchants Bank |
| $150,000–350,000 | C-MAR PRODUCTS INC. | DETROIT, MI | First Merchants Bank |
| $150,000–350,000 | C. L. FINLAN & SON, INC. | PLYMOUTH, MI | First Merchants Bank |
| $150,000–350,000 | CAFFE DA VINCI, INC. | COLUMBUS, OH | First Merchants Bank |
| $350,000–1 million | CAL TESTING SERVICES, INC. | GRIFFITH, IN | First Merchants Bank |
| $350,000–1 million | CALDERON TEXTILES LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | CALDWELL'S INC. | MORRISTOWN, IN | First Merchants Bank |
| $150,000–350,000 | CALEDONIA SPORTS MANAGEMENT LLC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | CALIBRATION LABORATORY, LLC | MERRILLVILLE, IN | First Merchants Bank |
| $1–2 million | CALUMET COLLEGE OF SAINT JOSEPH | WHITING, IN | First Merchants Bank |
| $150,000–350,000 | CALVARY UNITED METHODIST CHURCH | BROWNSBURG, IN | First Merchants Bank |
| $150,000–350,000 | CAPITAL CITY CONSULTING INC | DUBLIN, OH | First Merchants Bank |
| $150,000–350,000 | CAPITAL CITY POOLS, INC. | PATASKALA, OH | First Merchants Bank |
| $350,000–1 million | CAPITAL FIRE PROTECTION CO. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | CARDINAL CPA GROUP LLC | MUNCIE, IN | First Merchants Bank |
| $150,000–350,000 | CARE ANIMAL HOSPITAL P C | MUNCIE, IN | First Merchants Bank |
| $1–2 million | CARIBBEAN POOLS, INC. | SCHERERVILLE, IN | First Merchants Bank |
| $150,000–350,000 | CARMEL SPECIALTY SURGERY CENTER LLC | CARMEL, IN | First Merchants Bank |
| $150,000–350,000 | CARMEL UNITED METHODIST CHURCH, INC. | CARMEL, IN | First Merchants Bank |
| $350,000–1 million | CARMELITE HOME FOR GIRLS | EAST CHICAGO, IN | First Merchants Bank |
| $150,000–350,000 | CARTE BLANCHE LIMOUSINE, INC. | ZIONSVILLE, IN | First Merchants Bank |
| $150,000–350,000 | CARTESIAN CORP[ | LAFAYETTE, IN | First Merchants Bank |
| $1–2 million | CASTONGIA'S, INC. | RENSSELAER, IN | First Merchants Bank |
| $150,000–350,000 | CEDAR CREEK CHURCH OF CHRIST | FORT WAYNE, IN | First Merchants Bank |
| $350,000–1 million | CEDAR CREEK RETIREMENT HOME, INC. | LEO, IN | First Merchants Bank |
| $150,000–350,000 | CENTRAL CHURCH, INC | FORT WAYNE, IN | First Merchants Bank |
| $350,000–1 million | CENTRAL INDIANA INSULATION, LLC | WESTFIELD, IN | First Merchants Bank |
| $150,000–350,000 | CENTRAL OHIO FORKLIFTS, INC. | COLUMBUS, OH | First Merchants Bank |
| $350,000–1 million | CENTURY CEMENT COMPANY, INC. | RIVERVIEW, MI | First Merchants Bank |
| $150,000–350,000 | CERTIFIED REIMBURSEMENT SOLUTIONS, LLC | UTICA, MI | First Merchants Bank |
| $150,000–350,000 | CFG LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | CGH STEEL, INC. | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | CHAD'S SIGNS & INSTALLATIONS | NOBLESVILLE, IN | First Merchants Bank |
| $150,000–350,000 | CHELEXA DESIGN AND ENGINEERING LLC | WOODHAVEN, MI | First Merchants Bank |
| $150,000–350,000 | CHESTERFIELD MANAGEMENT INC | NOBLESVILLE, IN | First Merchants Bank |
| $150,000–350,000 | CHORNYAK & ASSOCIATES, LTD | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | CHUCK BIVENS SERVICES, INC. | FORT WAYNE, IN | First Merchants Bank |
| $1–2 million | CHURCH OF GOD MINISTRIES INC. | ANDERSON, IN | First Merchants Bank |
| $150,000–350,000 | CICADA INCORPORATED | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | CIMCOR, INC. | MERRILLVILLE, IN | First Merchants Bank |
| $350,000–1 million | CIMINELLO'S, INC. | WESTERVILLE, OH | First Merchants Bank |
| $150,000–350,000 | CIRCLE CITY CLEANERS ONE, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | CISCOR, INC. | NORMAN, OK | First Merchants Bank |
| $150,000–350,000 | CLEANU247, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | CLEARPATH BENEFIT ADVISORS, LLC | COLUMBUS, OH | First Merchants Bank |
| $350,000–1 million | CLH, P.C. | MICHIGAN CITY, IN | First Merchants Bank |
| $150,000–350,000 | CLINTON FOODS, INC. | LAFAYETTE, IN | First Merchants Bank |
| $150,000–350,000 | CLOWN PEDIATRICS, P.C. | GREENWOOD, IN | First Merchants Bank |
| $350,000–1 million | CMAJ ENTERPRISES INC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | CME CORPORATION | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | CMH BUILDERS, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | CMM GROUP INC | LANSING, IL | First Merchants Bank |
| $350,000–1 million | COHEN GARELICK & GLAZIER, P.C. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | COLLEGE OF COURT REPORTING, INC. | VALPARAISO, IN | First Merchants Bank |
| $350,000–1 million | COMMAND INVESTIGATIONS, LLC | LAKE MARY, FL | First Merchants Bank |
| $150,000–350,000 | COMMUNITY MANAGEMENT SERVICES INC. | INDIANAPOLIS, IN | First Merchants Bank |