| $350,000–1 million | MEREDITHS INC | RICHMOND, IN | First Merchants Bank |
| $150,000–350,000 | MERIDIAN PEDIATRICS LLC | Carmel, IN | First Merchants Bank |
| $350,000–1 million | MERION VILLAGE DENTAL - VESHA & JANIKIAN, L.L.C. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | MERRILLVILLE DENTAL CENTER INC. | Merrillville, IN | First Merchants Bank |
| $1–2 million | MESSINA CONCRETE, INC. | MONROE, MI | First Merchants Bank |
| $150,000–350,000 | METAL FAB ENGINEERING INC | Winamac, IN | First Merchants Bank |
| $150,000–350,000 | METAL FAB ENGINEERING, INC. | WINAMAC, IN | First Merchants Bank |
| $350,000–1 million | METRO DELIVERY INC | Ann Arbor, MI | First Merchants Bank |
| $350,000–1 million | METRO DELIVERY INC. | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | METRO PARENT LLC | Ferndale, MI | First Merchants Bank |
| $150,000–350,000 | METRO PARENT LLC | Ferndale, MI | First Merchants Bank |
| $350,000–1 million | METRO PLASTICS TECHNOLOGIES, INC. | NOBLESVILLE, IN | First Merchants Bank |
| $350,000–1 million | METRO SOLUTIONS, INC. | SOUTHFIELD, MI | First Merchants Bank |
| $150,000–350,000 | MHRE, INC. | Sterling Heights, MI | First Merchants Bank |
| $350,000–1 million | MIASA AUTOMOTIVE LLC | Yorktown, IN | First Merchants Bank |
| $350,000–1 million | MIASA AUTOMOTIVE, LLC | YORKTOWN, IN | First Merchants Bank |
| $150,000–350,000 | MICH, INC. | GROSSE POINTE Woods, MI | First Merchants Bank |
| $150,000–350,000 | MICHAEL K. AGENTER DDS MDS, LLC | Lebanon, OH | First Merchants Bank |
| $150,000–350,000 | MICHAEL L. GAMBEL MD P.C. | SOUTHGATE, MI | First Merchants Bank |
| $150,000–350,000 | MICHAEL'S FURNITURE GALLERIES INC. | Lafayette, IN | First Merchants Bank |
| $150,000–350,000 | MICHAEL'S FURNITURE GALLERIES, INC. | LAFAYETTE, IN | First Merchants Bank |
| $350,000–1 million | MICHAELIS CORPORATION | INDIANAPOLIS, IN | First Merchants Bank |
| $1–2 million | MICHIGAN ADVOCACY PROGRAM | Ypsilanti, MI | First Merchants Bank |
| $350,000–1 million | MICHIGAN DESSERT CORP. AND MIC | OAK PARK, MI | First Merchants Bank |
| $350,000–1 million | MICHIGAN DESSERT CORPORATION | Oak Park, MI | First Merchants Bank |
| $350,000–1 million | MICHIGAN EAR INSTITUTE PLLC | Farmington Hills, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN IMPLANTS & PERIODONTICS INSTITUTE, PLC | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN LADDER COMPANY, LLC | Ypsilanti, MI | First Merchants Bank |
| $350,000–1 million | MICHIGAN ORAL & MAXILLOFACIAL SURGEONS | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN ORAL & MAXILLOFACIAL SURGEONS, P.C. | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN SPORTS AND SPINE, P.C. | Troy, MI | First Merchants Bank |
| $2–5 million | MICHIGAN TUBE SWAGERS & FABRICATORS INC. | Temperance, MI | First Merchants Bank |
| $2–5 million | MICHIGAN TUBE SWAGERS & FABRICATORS, INC. | TEMPERANCE, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN VEHICLE SOLUTIONS LLC | Southgate, MI | First Merchants Bank |
| $150,000–350,000 | MICHIGAN VEHICLE SOLUTIONS, LLC AND LDW & ASSOCIATES, INC. | SOUTHGATE, MI | First Merchants Bank |
| $350,000–1 million | MID COAST STUDIO INC | Troy, MI | First Merchants Bank |
| $150,000–350,000 | MID COAST STUDIO INC | TROY, MI | First Merchants Bank |
| $150,000–350,000 | MID OHIO BUSINESS MACHINES INC. | Worthington, OH | First Merchants Bank |
| $150,000–350,000 | MID OHIO BUSINESS MACHINES, INC. | WORTHINGTON, OH | First Merchants Bank |
| $350,000–1 million | MID-AMERICA REAL ESTATE - MICHIGAN, INC. | Bloomfield Hills, MI | First Merchants Bank |
| $150,000–350,000 | MID-AMERICA SHOWS DELAWARE LLC | Farmland, IN | First Merchants Bank |
| $150,000–350,000 | MID-AMERICA SHOWS DELAWARE LLC | FARMLAND, IN | First Merchants Bank |
| $150,000–350,000 | MID-STATE TRUCK EQUIPMENT INC | FISHERS, IN | First Merchants Bank |
| $150,000–350,000 | MID-STATES TOOL & MACHINE INC. | Decatur, IN | First Merchants Bank |
| $150,000–350,000 | MID-STATES TOOL & MACHINE, INC. | Decatur, IN | First Merchants Bank |
| $150,000–350,000 | MID-TECH, INC | ANN ARBOR, MI | First Merchants Bank |
| $350,000–1 million | MIDDLE 14 LLC | Berkley, MI | First Merchants Bank |
| $150,000–350,000 | MIDDLE FOODS, LLC | LAFAYETTE, IN | First Merchants Bank |
| $1–2 million | MIDWAY CONTRACTING GROUP LLC | Tinley Park, IL | First Merchants Bank |
| $1–2 million | MIDWAY CONTRACTING GROUP, LLC | TINLEY PARK, IL | First Merchants Bank |
| $150,000–350,000 | MIDWEST CONTROL CORP | BRIDGEVIEW, IL | First Merchants Bank |
| $150,000–350,000 | MIDWEST CONTROL CORP. | Bridgeview, IL | First Merchants Bank |
| $350,000–1 million | MIDWEST LANDSCAPE INDUSTRIES INC. | Indianapolis, IN | First Merchants Bank |
| $350,000–1 million | MIDWEST LANDSCAPE INDUSTRIES, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | MIDWEST MAINTENANCE & CONSTRUCTION INC | Greenwood, IN | First Merchants Bank |
| $150,000–350,000 | MIDWEST MAINTENANCE AND CONSTRUCTION, INC. | GREENWOOD, IN | First Merchants Bank |
| $350,000–1 million | MIDWEST PAVEMENT CONTRACTING INC. | Milford, MI | First Merchants Bank |
| $150,000–350,000 | MIDWEST PAVEMENT CONTRACTING, INC. | MILFORD, MI | First Merchants Bank |
| $350,000–1 million | MIDWEST SECURITY FORCES LLC | CHESTERTON, IN | First Merchants Bank |
| $150,000–350,000 | MIDWEST SPECIALTY SURGERY CENTER LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | MIDWEST VANS, LLC | SCHILLER PARK, IL | First Merchants Bank |
| $350,000–1 million | MIDWESTERN CONSULTING LLC | Ann Arbor, MI | First Merchants Bank |
| $350,000–1 million | MIDWESTERN SOFTWARE SOLUTIONS, LLC | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | MIERS EXCAVATING & DEMOLITION INC. | NEW CASTLE, IN | First Merchants Bank |
| $150,000–350,000 | MILAN CAST METAL CORP | MILAN, MI | First Merchants Bank |
| $150,000–350,000 | MILAN CAST METAL CORPORATION | Milan, MI | First Merchants Bank |
| $150,000–350,000 | MILAN CENTER FEED & GRAIN, INC. | NEW HAVEN, IN | First Merchants Bank |
| $150,000–350,000 | MILAN DENTAL ASSOCIATES DDS PC | MILAN, MI | First Merchants Bank |
| $150,000–350,000 | MILAN DENTAL ASSOCIATES DDS PC | Milan, MI | First Merchants Bank |
| $1–2 million | MILES-MCCLELLAN CONSTRUCTION COMPANY, INC | COLUMBUS, OH | First Merchants Bank |
| $350,000–1 million | MILLENNIUM SALES, INC. | SOLON, OH | First Merchants Bank |
| $150,000–350,000 | MILLER LAND SURVEYING, INC. | MONROE, IN | First Merchants Bank |
| $150,000–350,000 | MILLER'S AUTO BODY, INC. | Noblesville, IN | First Merchants Bank |
| $150,000–350,000 | MILLER'S TOWING AND TRANSPORT LLC | Noblesville, IN | First Merchants Bank |
| $150,000–350,000 | MILLER'S TOWING AND TRANSPORT LLC | NOBLESVILLE, IN | First Merchants Bank |
| $150,000–350,000 | MILLER-BOLDT, INC. | Sterling Heights, MI | First Merchants Bank |
| $150,000–350,000 | MILLWORK INC | Fraser, MI | First Merchants Bank |
| $150,000–350,000 | MILLWRIGHT SOLUTIONS LLC | Wabash, IN | First Merchants Bank |
| $150,000–350,000 | MILLWRIGHT SOLUTIONS LLC | WABASH, IN | First Merchants Bank |
| $150,000–350,000 | MILNE SUPPLY CO., INC. | MUNSTER, IN | First Merchants Bank |
| $1–2 million | MILTON MANUFACTURING INC. | Detroit, MI | First Merchants Bank |
| $1–2 million | MILTON MANUFACTURING INC. | Detroit, MI | First Merchants Bank |
| $150,000–350,000 | MINER ELECTRONICS LABORATORIES, INC. | MUNSTER, IN | First Merchants Bank |
| $350,000–1 million | MINNETRISTA CULTURAL FOUNDATION INC | MUNCIE, IN | First Merchants Bank |
| $350,000–1 million | MINNICH POULTRY LLC | PORTLAND, IN | First Merchants Bank |
| $150,000–350,000 | MISS KIM LLC | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | MITCH SMITH AUTO SERVICE & SALES LLC | ANDERSON, IN | First Merchants Bank |
| $150,000–350,000 | MITCHELL FABRICS LLC | Lafayette, IN | First Merchants Bank |
| $150,000–350,000 | MITCHELL FABRICS LLC | LAFAYETTE, IN | First Merchants Bank |
| $150,000–350,000 | MITCHELL INSURANE AGENCY, INC. | PLAIN CITY, OH | First Merchants Bank |
| $1–2 million | MJC ACQUISITION LLC | Fort Wayne, IN | First Merchants Bank |
| $150,000–350,000 | MKD DENTAL GROUP | Grabill, IN | First Merchants Bank |
| $1–2 million | MKSK, INC. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | MMK CARE INC. | MUNSTER, IN | First Merchants Bank |
| $150,000–350,000 | MODELL FUNERAL HOME, LTD | DARIEN, IL | First Merchants Bank |
| $2–5 million | MODELS AND TOOLS, INC | Shelby Township, MI | First Merchants Bank |
| $150,000–350,000 | MODERN OUTLOOK LLC | Indianapolis, IN | First Merchants Bank |
| $350,000–1 million | MODERN TRAILER SALES INC | ANDERSON, IN | First Merchants Bank |
| $350,000–1 million | MOMAX MARBLE & GRANITE INC. | MERRILLVILLE, IN | First Merchants Bank |
| $150,000–350,000 | MONFORT ELECTRONICS MARKETING | Indianapolis, IN | First Merchants Bank |