| $150,000–350,000 | NEW EXPERT FOUNDRY SERVICES INC. | MILWAUKEE, WI | Old National Bank |
| $350,000–1 million | NEW GENERATION MANAGEMENT, INC. | FORT WAYNE, IN | Old National Bank |
| $350,000–1 million | NEW GLDC LLC | MUSKEGON, MI | Old National Bank |
| $150,000–350,000 | NEW IMAGE MIXERS, LLC | SHELBYVILLE, IN | Old National Bank |
| $150,000–350,000 | NEW PROCESS GRAPHICS, LLC | FORT WAYNE, IN | Old National Bank |
| $150,000–350,000 | NEW TECH ELECTRIC SYSTEMS, INC. | INVER GROVE HEIGHTS, MN | Old National Bank |
| $350,000–1 million | NEW VIEW RESURFACING, INC | ADRIAN, MI | Old National Bank |
| $350,000–1 million | NEWPORT CLIPPERS INC | CARVER, MN | Old National Bank |
| $150,000–350,000 | NEWPORT DRUGS, INC. | NEWPORT, MN | Old National Bank |
| $150,000–350,000 | NEXLAN, LLC | DANVILLE, IL | Old National Bank |
| $150,000–350,000 | NEXT LEVEL MANUFACTURING LLC | JENISON, MI | Old National Bank |
| $150,000–350,000 | NICROS, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | NIEMELA CONSTRUCTION INC | SAINT MICHAEL, MN | Old National Bank |
| $150,000–350,000 | NIENHUIS FINANCIAL GROUP, LLC | GRANDVILLE, MI | Old National Bank |
| $350,000–1 million | NITTI SANITATION, INC. | INVER GROVE HEIGHTS, MN | Old National Bank |
| $150,000–350,000 | NMC TRANSPORTATION, LLC | HASTINGS, MN | Old National Bank |
| $2–5 million | NOAH'S ARK PROCESSORS, LLC | DAWSON, MN | Old National Bank |
| $150,000–350,000 | NOAH'S LANDING PET CARE CLINIC, LLC | ELKHART, IN | Old National Bank |
| $350,000–1 million | NOBLITT INTERNATIONAL CORPORATION | COLUMBUS, IN | Old National Bank |
| $150,000–350,000 | NONPROFIT ENTERPRISES AT WORK, INC | ANN ARBOR, MI | Old National Bank |
| $350,000–1 million | NORDIC SERVICES, INC. | BURNSVILLE, MN | Old National Bank |
| $350,000–1 million | NOREX INC. | PRIOR LAKE, MN | Old National Bank |
| $150,000–350,000 | NORTH AMERICAN LATEX CORPORATION | SULLIVAN, IN | Old National Bank |
| $150,000–350,000 | NORTH AMERICAN LUTHERAN CHURCH | SAINT PAUL, MN | Old National Bank |
| $1–2 million | NORTH AMERICAN TRAILER SALES, LTD. | INVER GROVE HEIGHTS, MN | Old National Bank |
| $150,000–350,000 | NORTH CO. | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | NORTH HEALTH PROFESSIONAL, INC. | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | NORTH HEIGHTS LUTHERAN CHURCH | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | NORTH LIGHT COLOR INC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | NORTH METRO DERMATOLOGY PLLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | NORTH STAR HEALTH ALLIANCE LLC | SAINT PAUL, MN | Old National Bank |
| $5–10 million | NORTHERN AIR CORPORATION | VADNAIS HEIGHTS, MN | Old National Bank |
| $150,000–350,000 | NORTHERN GASES AND SUPPLIES INC | PIERCETON, IN | Old National Bank |
| $150,000–350,000 | NORTHERN GROUND, LLC | MILWAUKEE, WI | Old National Bank |
| $150,000–350,000 | NORTHERN PIPE, INC | GREEN BAY, WI | Old National Bank |
| $350,000–1 million | NORTHERN STATES INDOOR TAN LLC | GRAND FORKS, ND | Old National Bank |
| $350,000–1 million | NORTHLAND FOREST PRODUCTS, INC | SHAKOPEE, MN | Old National Bank |
| $1–2 million | NORTHLAND TEMPORARIES, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | NORTHPORT ENGINEERING, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | NORTHSTAR SURGICAL, INC. | EDINA, MN | Old National Bank |
| $350,000–1 million | NOTE TECH INDUSTRIES, LLC | ELKHART, IN | Old National Bank |
| $1–2 million | NOVA CLASSICAL ACADEMY | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | NOVA POLYMERS, INC. | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | NOW BOARDING, INC. | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | NOW SPORTS INCORPORATED | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | NPBC DETROIT, LLC | GRAND RAPIDS, MI | Old National Bank |
| $150,000–350,000 | NU-STAR INC | SHAKOPEE, MN | Old National Bank |
| $150,000–350,000 | NUCOAT INC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | NUSSMEIER ENGRAVING COMPANY, INC | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | NVB PLAYGROUNDS, INC. | GREENFIELD, IN | Old National Bank |
| $150,000–350,000 | NVR SURFACES LLC | ROCKFORD, MN | Old National Bank |
| $350,000–1 million | O&M CONSTRUCTION, INC | UNION CITY, IN | Old National Bank |
| $150,000–350,000 | O'BRIEN'S PUBLIC HOUSE, LLC | SHAKOPEE, MN | Old National Bank |
| $350,000–1 million | O'BRYAN BARREL COMPANY INC. | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | O-X STUDIO, INC | ANN ARBOR, MI | Old National Bank |
| $150,000–350,000 | OAK HILL CHRISTIAN CENTER INC. | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | OAK MANAGEMENT & DEVELOPMENT COMPANY | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | OAK MEADOW COUNTRY CLUB INC | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | OASIS COMPUTER SOLUTIONS, INC. | LOUISVILLE, KY | Old National Bank |
| $150,000–350,000 | OCTO FISHBAR LLC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | OHNSORG TRUCK BODIES INC | BELLE PLAINE, MN | Old National Bank |
| $150,000–350,000 | OLD HOME FOODS, INC. | BLOOMINGTON, MN | Old National Bank |
| $150,000–350,000 | OLIVER FAMILY HEALTHCARE, P.C. | INDIANAPOLIS, IN | Old National Bank |
| $2–5 million | OLYMPIA TILE (USA), INC. | PLYMOUTH, MN | Old National Bank |
| $150,000–350,000 | ONE LIFE NETWORK, INC. | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | ONE T, INC | ELKHART, IN | Old National Bank |
| $150,000–350,000 | OPUS 21 MANAGEMENT SOLUTIONS, LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | ORAL MAXILLOFACIAL SURGICAL CONSULTANTS | CHANHASSEN, MN | Old National Bank |
| $350,000–1 million | ORAL SURGERY GROUP OF EVANSVILLE, INC. | EVANSVILLE, IN | Old National Bank |
| $2–5 million | ORGAN PROCUREMENT AGENCY OF MICHIGAN | ANN ARBOR, MI | Old National Bank |
| $5–10 million | ORTHOPAEDIC ASSOCIATES OF GRAND RAPIDS, P.C. | GRAND RAPIDS, MI | Old National Bank |
| $1–2 million | OTOLARYNGOLOGY ASSOCIATES, LLC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | OUR LADY OF GOOD HOPE CATHOLIC CHURCH | FORT WAYNE, IN | Old National Bank |
| $150,000–350,000 | OUTSIDE THE BOX, INC. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | OVERBYE TRANSPORT INC | LAKEVILLE, MN | Old National Bank |
| $350,000–1 million | OWENSBORO DERMATOLOGY ASSOCIATES, PSC | OWENSBORO, KY | Old National Bank |
| $1–2 million | OWENSBORO MEDICAL PRACTICE PLLC | OWENSBORO, KY | Old National Bank |
| $150,000–350,000 | OXFORD DESIGN BUILD, LLC | ANN ARBOR, MI | Old National Bank |
| $1–2 million | OXFORD PROPERTY MANAGEMENT LLC | ANN ARBOR, MI | Old National Bank |
| $350,000–1 million | P & I SUPPLY COMPANY, INC | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | PACIV-USA, LLC. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | PAGLIAIS PIZZA, INC. | MANKATO, MN | Old National Bank |
| $150,000–350,000 | PAITSON BROS HEATING & AIR CONDITIONING, INC. | TERRE HAUTE, IN | Old National Bank |
| $1–2 million | PALMER HAMILTON, LLC | ELKHORN, WI | Old National Bank |
| $150,000–350,000 | PALMER OIL COMPANY, INC | HENDERSON, KY | Old National Bank |
| $1–2 million | PALMER WEST CONSTRUCTION COMPANY INC. | ROGERS, MN | Old National Bank |
| $350,000–1 million | PANEL SOLUTIONS, INC. | ELKHART, IN | Old National Bank |
| $150,000–350,000 | PARAGON PROMOTIONS, INC. | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | PARAGON TUBE CORPORATION | FORT WAYNE, IN | Old National Bank |
| $350,000–1 million | PARISH OF SAINTS JOACHIM AND ANNE OF SHAKOPEE | SHAKOPEE, MN | Old National Bank |
| $350,000–1 million | PARISH OF THE ANNUNCIATION OF THE LORD | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | PARKINSON'S SPECIALTY CARE LLC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | PARKS LIVESTOCK, INC. | DANVILLE, IL | Old National Bank |
| $150,000–350,000 | PARKS OF IOWA, L.C. | DANVILLE, IL | Old National Bank |
| $150,000–350,000 | PARTNERS IN DENTAL CARE | GRAND RAPIDS, MI | Old National Bank |
| $350,000–1 million | PATHFINDERS ADVERTISING AND MARKETING GROUP, INC. | MISHAWAKA, IN | Old National Bank |
| $150,000–350,000 | PATOKA CAPITAL, LLC | NEW ALBANY, IN | Old National Bank |
| $1–2 million | PAUL A. SCHMITT MUSIC COMPANY | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | PAUL I. CRIPE, INC. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | PAUL'S QUALITY COLLISION LLC | MONROE, MI | Old National Bank |