| $350,000–1 million | MBM MANAGEMENT, INC. | BINGHAM FARMS, MI | Independent Bank |
| $150,000–350,000 | MCCLURE'S PICKLES L.L.C. | DETROIT, MI | Independent Bank |
| $150,000–350,000 | MCCRARY AND SON'S LLC | BERTHOUD, CO | Independent Bank |
| $150,000–350,000 | MCDONOUGH ENGINEERING CORPORATION | HOUSTON, TX | Independent Bank |
| $1–2 million | MCDOWELL HETHERINGTON LLP | HOUSTON, TX | Independent Bank |
| $150,000–350,000 | MCGEE DOWNTOWN, LLC | TRAVERSE CITY, MI | Independent Bank |
| $350,000–1 million | MCKINNEY ANIMAL HOSPITAL P.A. | MCKINNEY, TX | Independent Bank |
| $350,000–1 million | MCKINNEY CHRISTIAN SCHOOL | MCKINNEY, TX | Independent Bank |
| $150,000–350,000 | MCKINNEY PEDIATRICS PA | MCKINNEY, TX | Independent Bank |
| $1–2 million | MCMURRY CONSTRUCTION CO., INC. | MEMPHIS, TN | Independent Bank |
| $2–5 million | MCWHINNEY REAL ESTATE SERVICES, LLC | LOVELAND, CO | Independent Bank |
| $350,000–1 million | MDF PARTNERS LTD | DALLAS, TX | Independent Bank |
| $1–2 million | MEADOWS FAMILY MEDICAL CENTER PC | GOLDEN, CO | Independent Bank |
| $350,000–1 million | MEMORIAL VILLAGE ER | HOUSTON, TX | Independent Bank |
| $150,000–350,000 | MEMPHIS CARDIOLOGY, PLC | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MEMPHIS CENTER FOR REPRODUCTIVE HEALTH, INC. | MEMPHIS, TN | Independent Bank |
| $1–2 million | MEMPHIS COMMUNICATIONS CORPORATION | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MERCEDES CLINIC & SALES, INC. | DENVER, CO | Independent Bank |
| $150,000–350,000 | MERCHANTS OFFICE FURNITURE | DENVER, CO | Independent Bank |
| $1–2 million | MERIDEN CARE CENTER, LLC | MANCHESTER, CT | Independent Bank |
| $350,000–1 million | MERIDIAN PLUMBING INC | EAST LANSING, MI | Independent Bank |
| $2–5 million | MESA MECHANICAL, INC. | HOUSTON, TX | Independent Bank |
| $150,000–350,000 | MESA ROSA INC | AUSTIN, TX | Independent Bank |
| $150,000–350,000 | META PLANNING + DESIGN LLC | KATY, TX | Independent Bank |
| $150,000–350,000 | METALCRAFT IMPRESSION DIE CO. | LIVONIA, MI | Independent Bank |
| $350,000–1 million | METROLINE INC. | TROY, MI | Independent Bank |
| $150,000–350,000 | METROPLEX WOOD CABINETS, LTD. | DALLAS, TX | Independent Bank |
| $1–2 million | METROPOLITAN THEATRES CORPORATION | LOS ANGELES, CA | Independent Bank |
| $150,000–350,000 | MH UNDERGROUND LLC | LEANDER, TX | Independent Bank |
| $150,000–350,000 | MHK ENTERPRISES, INC. | GRANT, MI | Independent Bank |
| $150,000–350,000 | MI6 ENTERPRISES, INC | WHEAT RIDGE, CO | Independent Bank |
| $350,000–1 million | MIBO FRESH FOODS, LLC | FORT WORTH, TX | Independent Bank |
| $350,000–1 million | MICHAEL A. DECK, M.D., P.A. | PLANO, TX | Independent Bank |
| $150,000–350,000 | MICHAEL H. ROUSE INC. | SPRINGS, TX | Independent Bank |
| $150,000–350,000 | MICHIGAN AUTOMOTIVE BENDING CORPORATION | MADISON HEIGHTS, MI | Independent Bank |
| $150,000–350,000 | MICHIGAN HAND & WRIST, P.C. | NOVI, MI | Independent Bank |
| $150,000–350,000 | MICHIGAN HEALTH CLINICS, P.C. | SAGINAW, MI | Independent Bank |
| $150,000–350,000 | MICHIGAN HERBAL REMEDIES, LLC | JENISON, MI | Independent Bank |
| $350,000–1 million | MICHIGAN PLANNERS INC | WASHINGTON, MI | Independent Bank |
| $150,000–350,000 | MICHIGAN TOWERS INC | TRAVERSE CITY, MI | Independent Bank |
| $150,000–350,000 | MICHIGAN TRUCK PARTS, INC. | WESTLAND, MI | Independent Bank |
| $350,000–1 million | MID TEX ANESTHEISA ASSOCIATES, P.A. | WACO, TX | Independent Bank |
| $150,000–350,000 | MID-SOUTH MATERNAL FETAL MEDICINE, PC | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MID-SOUTH SPECIALTIES, INC. | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MIDLAND MARKETING INC | WESTMINSTER, CO | Independent Bank |
| $1–2 million | MIDTOWN INPATIENT MEDICINE PLLC | DENVER, CO | Independent Bank |
| $150,000–350,000 | MIDWAY BAPTIST CHURCH OF NORTH TEXAS, INC. | AUBREY, TX | Independent Bank |
| $150,000–350,000 | MIDWEST BARRICADE CO INC | COLORADO SPRINGS, CO | Independent Bank |
| $350,000–1 million | MIDWEST MOLD SERVICES INC. | ROSEVILLE, MI | Independent Bank |
| $350,000–1 million | MIDWEST RUBBER COMPANY | DECKERVILLE, MI | Independent Bank |
| $150,000–350,000 | MIGRANT CLINICIANS NETWORK, INC. | AUSTIN, TX | Independent Bank |
| $150,000–350,000 | MILE HI EXPRESS, INC. | AURORA, CO | Independent Bank |
| $2–5 million | MILE LABS INTERNATIONAL, INC | BROOMFIELD, CO | Independent Bank |
| $1–2 million | MILLENIUM WIRELESS TECHNOLOGY, INC. | TROY, MI | Independent Bank |
| $350,000–1 million | MILLET THE PRINTER INC | DALLAS, TX | Independent Bank |
| $150,000–350,000 | MIND OVER DATA, LLC | MEMPHIS, TN | Independent Bank |
| $150,000–350,000 | MINOR EMERGENCY OF PARIS, INC. | DENTON, TX | Independent Bank |
| $150,000–350,000 | MIRACLE FINANCE, LTD | DALLAS, TX | Independent Bank |
| $150,000–350,000 | MISSION ADVANCEMENT PROFESSIONALS, LLC | MCKINNEY, TX | Independent Bank |
| $150,000–350,000 | MISSION CRITIAL SYSTEMS INC | WESTMINSTER, CO | Independent Bank |
| $350,000–1 million | MJD MOVING, INC. | AUSTIN, TX | Independent Bank |
| $150,000–350,000 | MO'S INCREDIBLE PIZZA, INC. | GRAWN, MI | Independent Bank |
| $150,000–350,000 | MOLDING SOLUTIONS, INC. | GRAND HAVEN, MI | Independent Bank |
| $350,000–1 million | MOLON EXCAVATING, INC. | TRAVERSE CITY, MI | Independent Bank |
| $150,000–350,000 | MONA LISA PIZZA LTD | FRISCO, TX | Independent Bank |
| $350,000–1 million | MONARCH MONTESSORI OF DENVER CHARTER SCHOOL | DENVER, CO | Independent Bank |
| $150,000–350,000 | MONDRIAN PROPERTIES, L.L.C. | SHELBY TOWNSHIP, MI | Independent Bank |
| $150,000–350,000 | MONROE RESORTS AND HOSPITALITY LP | HOUSTON, TX | Independent Bank |
| $350,000–1 million | MONROE RETAIL GROUP LLC | AUSTIN, TX | Independent Bank |
| $150,000–350,000 | MONSON INC. | LEWISVILLE, TX | Independent Bank |
| $350,000–1 million | MONTESSORI CHILDREN'S HOUSE, GRAND TRAVERSE | TRAVERSE CITY, MI | Independent Bank |
| $150,000–350,000 | MONTESSORI SCHOOL OF AURORA | CENTENNIAL, CO | Independent Bank |
| $350,000–1 million | MORELOCK-NOREN LLC | WILLIAMSTON, MI | Independent Bank |
| $350,000–1 million | MORIAH RESOURCES, INC. | MIDLAND, TX | Independent Bank |
| $5–10 million | MORTGAGE SOLUTIONS OF COLORADO LLC | COLORADO SPRINGS, CO | Independent Bank |
| $350,000–1 million | MOSS AUDIO CORPORATION | GRAND RAPIDS, MI | Independent Bank |
| $350,000–1 million | MOUNTAIN TEMP SERVICES LLC | ASPEN, CO | Independent Bank |
| $150,000–350,000 | MOUTAIN VIEW STEEL, LLC | LONGMONT, CO | Independent Bank |
| $150,000–350,000 | MOXIEBROT BAKING UNLIMITED | LOUISVILLE, CO | Independent Bank |
| $1–2 million | MOYE WHITE LLP | DENVER, CO | Independent Bank |
| $150,000–350,000 | MOZZARELLA COMPANY | DALLAS, TX | Independent Bank |
| $350,000–1 million | MR. AND MRS. JAMES A. STROUD FOUNDATION | DALLAS, TX | Independent Bank |
| $150,000–350,000 | MS RIVIERA POOLS | CORINTH, TX | Independent Bank |
| $150,000–350,000 | MSK ENTERPRISES INC | RICHMOND, TX | Independent Bank |
| $350,000–1 million | MSV FITZSIMONS LLC | AURORA, CO | Independent Bank |
| $150,000–350,000 | MUG HOMECARE, INC. | MARBLE FALLS, TX | Independent Bank |
| $150,000–350,000 | MUKESH SARAIYA MD, PA | DENTON, TX | Independent Bank |
| $150,000–350,000 | MULKEY ENTERPRISES INC | CORPUS CHRISTI, TX | Independent Bank |
| $1–2 million | MUNRO & ASSOCIATES, INC. | AUBURN HILLS, MI | Independent Bank |
| $150,000–350,000 | MURPHY'S SOUTH PAYROLL CO | BOULDER, CO | Independent Bank |
| $150,000–350,000 | MURPHYS TAP HOUSE LLC | SUPERIOR, CO | Independent Bank |
| $150,000–350,000 | MUSKEGON CHRISTIAN SCHOOL | MUSKEGON, MI | Independent Bank |
| $150,000–350,000 | MUSKRAT PROPERTIES INC | GREELEY, CO | Independent Bank |
| $150,000–350,000 | MUSTANG CREEK MANAGEMENT LLC | PLANO, TX | Independent Bank |
| $150,000–350,000 | MUSTANG MANUFACTURING CORPORATION | VAN ALSTYNE, TX | Independent Bank |
| $150,000–350,000 | MY BACK OFFICE, LLC | CARROLLTON, TX | Independent Bank |
| $150,000–350,000 | MY REAL LIFE | AUSTIN, TX | Independent Bank |
| $150,000–350,000 | N.E.S. INC. | COLORADO SPRINGS, CO | Independent Bank |
| $150,000–350,000 | NABRO, INC. | GROSSE POINTE, MI | Independent Bank |
| $150,000–350,000 | NACOM COMPANIES INC | RUNNEMEDE, NJ | Independent Bank |