| $150,000–350,000 | RANDALL K BROWN DDS MSD PC | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | RANDOLPH COUNTY YMCA | WINCHESTER, IN | Old National Bank |
| $150,000–350,000 | RASURE FLOOR COVERING INC | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | RAY JONES TRUCKING, INC | GREENVILLE, KY | Old National Bank |
| $150,000–350,000 | RBS DESIGN GROUP PSC | OWENSBORO, KY | Old National Bank |
| $150,000–350,000 | RCAA DEVELOPMENT LLC | GRAND RAPIDS, MI | Old National Bank |
| $150,000–350,000 | RE/MAX INDIANA LIMITED PARTNERSHIP | ASHLAND, MA | Old National Bank |
| $350,000–1 million | RE/MAX OF NEW ENGLAND | ASHLAND, MA | Old National Bank |
| $350,000–1 million | RED LINE EDITORIAL, INC. | BURNSVILLE, MN | Old National Bank |
| $150,000–350,000 | REDEEMER LUTHERAN CHURCH AND SCHOOL | WAYZATA, MN | Old National Bank |
| $150,000–350,000 | REDEMPTION STAFFING SERVICES, LLC | VINCENNES, IN | Old National Bank |
| $350,000–1 million | REED AND SONS CONSTRUCTION, INC. | BLOOMINGTON, IN | Old National Bank |
| $150,000–350,000 | REGIONAL TITLE SERVICES, LLC | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | REHABILITATION ASSOCIATES OF INDIANA, P.C. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | REISING RADIO PARTNERS INC. | COLUMBUS, IN | Old National Bank |
| $350,000–1 million | REITZ MEMORIAL HIGH SCHOOL | EVANSVILLE, IN | Old National Bank |
| $350,000–1 million | RELIANT ELECTRIC, INC. | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | REMICK LANDSCAPING INC | SAVAGE, MN | Old National Bank |
| $150,000–350,000 | RENEWABLE RESOURCES, LLC | BOONVILLE, IN | Old National Bank |
| $1–2 million | RESIDENTIAL SERVICES INCORPORATED | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | RESTART INC | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | RESTORATION DENTAL, LLC | MATTOON, IL | Old National Bank |
| $350,000–1 million | RESTORATION SYSTEMS INC. | CHASKA, MN | Old National Bank |
| $350,000–1 million | RESURRECTION CATHOLIC CHURCH | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | RFS ENTERPRISES, INC. | ROGERS, MN | Old National Bank |
| $150,000–350,000 | RICCARDO BIELLA, INC | IONIA, MI | Old National Bank |
| $150,000–350,000 | RICE LAKE BORING INC. | JORDAN, MN | Old National Bank |
| $150,000–350,000 | RICHCRAF ENTERPRISES INC | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | RICS SOFTWARE, INC. | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | RIDEOUT SERVICE CENTER, INC | HENDERSON, KY | Old National Bank |
| $1–2 million | RILEY CHILDREN'S FOUNDATION | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | RINEY, HANCOCK & CO, PSC | OWENSBORO, KY | Old National Bank |
| $150,000–350,000 | RISDALL MARKETING GROUP, LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | RITSCHARD BROS INC | SOUTH BEND, IN | Old National Bank |
| $150,000–350,000 | RITZERT CO INC | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | RIVER FALLS CBRF II, LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | RIVER OF GOODS, INC. | SAINT PAUL, MN | Old National Bank |
| $2–5 million | RIVERSIDE ELECTRONICS, LTD. | LEWISTON, MN | Old National Bank |
| $150,000–350,000 | RIVERSTAR INC | WINONA, MN | Old National Bank |
| $150,000–350,000 | RIVERWOODS HOTEL PARTNERS, LLC | SAINT PAUL, MN | Old National Bank |
| $150,000–350,000 | RIVIERA MAYA CROSSPOINT LLC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | RIVIERA MAYA MEXICAN GRILL, INC | ANDERSON, IN | Old National Bank |
| $150,000–350,000 | RK MACHINE INC | TERRE HAUTE, IN | Old National Bank |
| $150,000–350,000 | RNA HOLDINGS, LLC | LOUISVILLE, KY | Old National Bank |
| $150,000–350,000 | RO VETERINARY PARTNERS, PC | GRANGER, IN | Old National Bank |
| $2–5 million | ROBBINS MANUFACTURING, INC. | FALL RIVER, WI | Old National Bank |
| $350,000–1 million | ROCK SOLID MASONRY LLC | BLOOMINGTON, IN | Old National Bank |
| $350,000–1 million | ROCKPORT ROLL SHOP LLC | ROCKPORT, IN | Old National Bank |
| $150,000–350,000 | ROCKSMITH GRANITE LLC | APPLE VALLEY, MN | Old National Bank |
| $350,000–1 million | RODENTPRO.COM LLC | EVANSVILLE, IN | Old National Bank |
| $150,000–350,000 | RODRIGUEZ EMBROIDERY INC | OSSEO, MN | Old National Bank |
| $150,000–350,000 | ROE-COMM INC | PORTAGE, MI | Old National Bank |
| $1–2 million | ROESLER METAL FINISHING USA, LLC | BATTLE CREEK, MI | Old National Bank |
| $150,000–350,000 | RON'S MECHANICAL, INCORPORATED | SHAKOPEE, MN | Old National Bank |
| $150,000–350,000 | RONALD F REMAK INSURANCE INC | BLOOMINGTON, IN | Old National Bank |
| $350,000–1 million | RONIN INC | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | RONNINGEN RESEARCH & DEV COMPA | VICKSBURG, MI | Old National Bank |
| $150,000–350,000 | ROOFING PRODUCTS INTERNATIONAL, INC | ELKHART, IN | Old National Bank |
| $150,000–350,000 | ROOKE JOHNSON & RENSLOW INSURANCE AGENCY INC | EDEN PRAIRIE, MN | Old National Bank |
| $150,000–350,000 | ROSENQUIST CONSTRUCTION INC | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | ROTATION ENGINEERING AND MANUFACTURING C | MINNEAPOLIS, MN | Old National Bank |
| $150,000–350,000 | ROUNDPEG CONSULTING, LLC | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | ROYAL MOTORS, INC. | BLOOMINGTON, IN | Old National Bank |
| $150,000–350,000 | ROYAL TITLE SERVICES INC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | ROYALE INTERNAL MEDICINE, LLC | MUNCIE, IN | Old National Bank |
| $150,000–350,000 | RPM GROUP, INC. | BRIGHTON, MI | Old National Bank |
| $350,000–1 million | RPM MOTOR COMPANY INC | BUFFALO, MN | Old National Bank |
| $350,000–1 million | RTM CONSULTANTS, INC. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | RTZ SERVICES | OSSIAN, IN | Old National Bank |
| $350,000–1 million | RUDECK, LLC | SAINT ANTHONY, IN | Old National Bank |
| $150,000–350,000 | RUMPCA EXCAVATING INC | COTTAGE GROVE, MN | Old National Bank |
| $350,000–1 million | RUNDELL ERNSTBERGER ASSOCIATES, INC. | INDIANAPOLIS, IN | Old National Bank |
| $350,000–1 million | RUSSEL WILLIAMS HOME SERVICES LLC | MINNEAPOLIS, MN | Old National Bank |
| $350,000–1 million | RUSSELL'S EXCAVATION & SEPTIC TANKS, INC | MOUNT VERNON, IN | Old National Bank |
| $1–2 million | RYAN CHEVROLET-CADILLAC, INC. | BUFFALO, MN | Old National Bank |
| $1–2 million | RYAN CONTRACTING COMPANY | ELKO NEW MARKET, MN | Old National Bank |
| $350,000–1 million | RYAN MOTOR COMPANY INC | BUFFALO, MN | Old National Bank |
| $150,000–350,000 | RYAN PUBLIC SAFETY SOLUTIONS, INC. | GUNTERSVILLE, AL | Old National Bank |
| $150,000–350,000 | S & V FABRICATION & STEEL, LLC | OWENSBORO, KY | Old National Bank |
| $150,000–350,000 | S T CONSTRUCTION INC | TERRE HAUTE, IN | Old National Bank |
| $350,000–1 million | S&H TRUCKING, INC. | ANDERSON, IN | Old National Bank |
| $150,000–350,000 | S&K MC INC | MINNEAPOLIS, MN | Old National Bank |
| $5–10 million | S.M. HENTGES & SONS, INC. | JORDAN, MN | Old National Bank |
| $350,000–1 million | SACKRIDER & COMPANY, INC. | TERRE HAUTE, IN | Old National Bank |
| $150,000–350,000 | SACRED HEART CATHOLIC CHURCH | WARSAW, IN | Old National Bank |
| $350,000–1 million | SAFE STEP, INC. | PRIOR LAKE, MN | Old National Bank |
| $150,000–350,000 | SAFEWAY TRANSIT LLC | BATTLE CREEK, MI | Old National Bank |
| $150,000–350,000 | SAGAMORE INSTITUTE, INC. | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | SAINT JOE RANCH ZIP LINES LLC | DADE CITY, FL | Old National Bank |
| $150,000–350,000 | SAINT JOHN THE BAPTIST CATHOLIC CHURCH | FORT WAYNE, IN | Old National Bank |
| $1–2 million | SAINT MEINRAD ARCHABBEY | SAINT MEINRAD, IN | Old National Bank |
| $1–2 million | SALENBIEN TRUCKING AND EXCAVATING INC | DUNDEE, MI | Old National Bank |
| $150,000–350,000 | SALENBIEN WELDING SERVICE, INC | DUNDEE, MI | Old National Bank |
| $150,000–350,000 | SALT SPRINGS BREWERY, LLC | SALINE, MI | Old National Bank |
| $1–2 million | SAMATEK, INC. | HOPKINS, MN | Old National Bank |
| $150,000–350,000 | SAMUEL T BANDER, DDS PLC | GRAND RAPIDS, MI | Old National Bank |
| $2–5 million | SANCO ENTERPRISES LLC | SAINT PAUL, MN | Old National Bank |
| $350,000–1 million | SANCO INDUSTRIES INC | FORT WAYNE, IN | Old National Bank |
| $1–2 million | SARATOGA POTATO CHIPS LLC | FORT WAYNE, IN | Old National Bank |
| $150,000–350,000 | SAUNDERS & SON COMPANY | ADRIAN, MI | Old National Bank |