| $150,000–350,000 | LOOGOOTEE REALTY LLC | LOOGOOTEE, IN | Old National Bank |
| $150,000–350,000 | LORTON DATA, INC. | ARDEN HILLS, MN | Old National Bank |
| $350,000–1 million | LOTTER ENTERPRISES, INC. | PICKEREL, WI | Old National Bank |
| $350,000–1 million | LOTUS TECHNICAL, INCORPORATED | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | LOUIE ENTERPRISES LLC | PORTAGE, MI | Old National Bank |
| $150,000–350,000 | LOUPAT CORPORATION | NEWPORT, MN | Old National Bank |
| $350,000–1 million | LPG & NH3 SUPPLY, INC. | BUFFALO, MN | Old National Bank |
| $350,000–1 million | LUCIDCORPS, LLC | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | LUCY BURNS INSTITUTE INC | MIDDLETON, WI | Old National Bank |
| $150,000–350,000 | LUMA CORPORATION | SHAKOPEE, MN | Old National Bank |
| $150,000–350,000 | LUND IMPLEMENT CO. | MADISON, MN | Old National Bank |
| $150,000–350,000 | LUTHERAN SCHOOL ASSOCIATION OF EVANSVILLE INDIANA | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | LVZ ADVISORS | HOLLAND, MI | Old National Bank |
| $350,000–1 million | LYNDE GREENHOUSE & NURSERY, INC. | MAPLE GROVE, MN | Old National Bank |
| $150,000–350,000 | LYNN C. HYLAND, DDS | KALAMAZOO, MI | Old National Bank |
| $150,000–350,000 | LYNN TRANSPORTATION, INC. | BELOIT, WI | Old National Bank |
| $350,000–1 million | M & C CONCRETE COMPANY, INC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | M E R COPRORATION | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | M EMPLOYMENT INC | HOPKINS, MN | Old National Bank |
| $150,000–350,000 | M&D MANAGEMENT LLC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | M&M FABRICATION, LLC | ELNORA, IN | Old National Bank |
| $150,000–350,000 | M&M IRISH, LLC | WEST LAFAYETTE, IN | Old National Bank |
| $350,000–1 million | M&M MANUFACTURING, INC. | PINE CITY, MN | Old National Bank |
| $2–5 million | M. G. MCGRATH, INC. | SAINT PAUL, MN | Old National Bank |
| $1–2 million | M. G. MCGRATH, INC. GLASS & GLAZING | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | M.M. MILLER BROTHERS EXCAVATING INC | HAMEL, MN | Old National Bank |
| $150,000–350,000 | M.T. WILLIAMS INC | HOPKINS, MN | Old National Bank |
| $150,000–350,000 | M1,LLC | ROGERS, MN | Old National Bank |
| $150,000–350,000 | MACKENTHUN'S MEATS AND DELI, INC. | SAINT BONIFACIUS, MN | Old National Bank |
| $1–2 million | MACPHAIL CENTER FOR MUSIC | MINNEAPOLIS, MN | Old National Bank |
| $1–2 million | MAD ANTHONY BREWING CO | FORT WAYNE, IN | Old National Bank |
| $150,000–350,000 | MADISON AUTO TRIM LLC | MADISON, WI | Old National Bank |
| $150,000–350,000 | MADISON BOTTLING COMPANY | MADISON, MN | Old National Bank |
| $1–2 million | MADISON HEALTHCARE SERVICES | MADISON, MN | Old National Bank |
| $150,000–350,000 | MADISON SAND & GRAVEL CO. INC | DEFOREST, WI | Old National Bank |
| $350,000–1 million | MAGNUM CONSTRUCTION, INC | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | MAHER WATER CORPORATION | STEVENS POINT, WI | Old National Bank |
| $350,000–1 million | MAINSTREAM FASHIONS, INC. | MINNEAPOLIS, MN | Old National Bank |
| $2–5 million | MAJOR MECHANICAL, INC. | MAPLE GROVE, MN | Old National Bank |
| $350,000–1 million | MANOR ELECTRIC, INC | MAPLE PLAIN, MN | Old National Bank |
| $150,000–350,000 | MANVEE CML INDIANA, INC. | MERRILLVILLE, IN | Old National Bank |
| $350,000–1 million | MANVEE CML, INC. | GREENDALE, WI | Old National Bank |
| $350,000–1 million | MAPLE LEAF INC | VERONA, WI | Old National Bank |
| $150,000–350,000 | MARIMBA AUTO, LLC | CANTON, MI | Old National Bank |
| $150,000–350,000 | MARK A ALLEN DDS PC | KALAMAZOO, MI | Old National Bank |
| $2–5 million | MARKEY'S RENTAL & STAGING | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | MARLAR INC. | ANDOVER, MN | Old National Bank |
| $150,000–350,000 | MARTIN COUNTY REALTY LLC | LOOGOOTEE, IN | Old National Bank |
| $350,000–1 million | MARTINEZ GEOSPATIAL INC | EAGAN, MN | Old National Bank |
| $150,000–350,000 | MARTY'S AUTO SALES INC | SAVAGE, MN | Old National Bank |
| $2–5 million | MASTER ELECTRIC CO INC | SAVAGE, MN | Old National Bank |
| $150,000–350,000 | MASTER LOGISTICS CO., INC | MINNEAPOLIS, MN | Old National Bank |
| $2–5 million | MASTER MECHANICAL, INC. | EAGAN, MN | Old National Bank |
| $350,000–1 million | MASTER TRANSFER CO,. INC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | MATCHLESS PLASTICS, INC. | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | MATER DEI HIGH SCHOOL | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | MATHISON / MATHISON ARCHITECTS LLC | GRAND RAPIDS, MI | Old National Bank |
| $350,000–1 million | MAUD BORUP, INC. | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | MAVEN CONSTRUCTION & ENVIRONMENTAL, LLC | ODON, IN | Old National Bank |
| $350,000–1 million | MAVERICK CUTTING & BREAKING, LLC | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | MAX STEININGER, INC. | EAGAN, MN | Old National Bank |
| $1–2 million | MAYFLOWER DISTRIBUTING COMPANY | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | MBA ENGINEERING, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MCAULIFFES PROCESSING INC | ADDISON, MI | Old National Bank |
| $350,000–1 million | MCCORMICK COMPUTER RESALE, INC | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MCDUFF, INC | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | MCF CONSTRUCTION, INC | NEWBURGH, IN | Old National Bank |
| $2–5 million | MCL, INC. | INDIANAPOLIS, IN | Old National Bank |
| $2–5 million | MCNAMARA CONTRACTING, INC. | ROSEMOUNT, MN | Old National Bank |
| $350,000–1 million | MCNEELY LAW LLP | SHELBYVILLE, IN | Old National Bank |
| $350,000–1 million | MCPHILLIPS BROS. ROOFING COMPANY | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | MCSHANE & BOWIE, PLC | GRAND RAPIDS, MI | Old National Bank |
| $150,000–350,000 | MEADOW GREEN LAWN, INC. | LAKEVILLE, MN | Old National Bank |
| $150,000–350,000 | MECHANICAL MAINTENANCE AND FABRICATION | SPOTTSVILLE, KY | Old National Bank |
| $150,000–350,000 | MECHANICAL RUBBER & TRANSMISSION, INC. | GRAND RAPIDS, MI | Old National Bank |
| $1–2 million | MECO COMPANY, LLC | PARIS, IL | Old National Bank |
| $150,000–350,000 | MEDIC ON SITE SERVICES | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | MEDICAL & PROFESSIONAL COLLECTION SERVICES | NEWBURGH, IN | Old National Bank |
| $150,000–350,000 | MEDIEVAL METALWERX, LLC | MANKATO, MN | Old National Bank |
| $350,000–1 million | MEL FOSTER COMPANY, INC. | HOPKINS, MN | Old National Bank |
| $350,000–1 million | MELCHERT HUBERT SJODIN, PLLP | WACONIA, MN | Old National Bank |
| $150,000–350,000 | MEMNON ARCHIVING SERVICES INC. | BLOOMINGTON, IN | Old National Bank |
| $150,000–350,000 | MENDOTA HEIGHTS WP, LLC | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MENDOTA PRODUCTS, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MENDOTA VALLEY AMUSEMENT INC. | SOUTH SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MENTAL HEALTH AMERICA IN ALLEN COUNTY, INC. | FORT WAYNE, IN | Old National Bank |
| $150,000–350,000 | MERCURY, INC. | MINNEAPOLIS, MN | Old National Bank |
| $2–5 million | MERVIS INDUSTRIES INC | DANVILLE, IL | Old National Bank |
| $350,000–1 million | METAL TREATERS INC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | METES & BOUNDS MANAGEMENT COMPANY | MINNEAPOLIS, MN | Old National Bank |
| $1–2 million | METRO MOLD & DESIGN, LLC | ROGERS, MN | Old National Bank |
| $150,000–350,000 | METRO SIDING, INC | ELK RIVER, MN | Old National Bank |
| $150,000–350,000 | METZGER'S INC | KALAMAZOO, MI | Old National Bank |
| $1–2 million | MEYER & NAJEM, INC. | FISHERS, IN | Old National Bank |
| $1–2 million | MEYER, BORGMAN, & JOHNSON, INC. | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | MEZ CORP | SOUTH BEND, IN | Old National Bank |
| $350,000–1 million | MHC BUNKER HILLS LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | MHC CULINARY GROUP, LLC | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | MHC NORTH OAKS LLC | SAINT PAUL, MN | Old National Bank |
| $2–5 million | MHC SPH LLC | SAINT PAUL, MN | Old National Bank |