| $150,000–350,000 | NORTHWEST DERMATOLOGY GROUP | SOUTHFIELD, MI | First Merchants Bank |
| $150,000–350,000 | NORTHWEST EYECARE PROFESSIONALS, LLC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | NORTON, KLEIN, HUG, SABIN & MADDENS, M.D., P.C. | Troy, MI | First Merchants Bank |
| $5–10 million | NOVAE CORP | MARKLE, IN | First Merchants Bank |
| $350,000–1 million | NOW COURIER, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $1–2 million | NOWAK & FRAUS, P.L.L.C. | Pontiac, MI | First Merchants Bank |
| $1–2 million | NTN BUZZTIME, INC. | Carlsbad, CA | First Merchants Bank |
| $350,000–1 million | NU-TEC ROOFING CONTRACTORS LLC | Indianapolis, IN | First Merchants Bank |
| $350,000–1 million | NU-TEC ROOFING CONTRACTORS, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | NUDE, INC. | BIRMINGHAM, MI | First Merchants Bank |
| $350,000–1 million | NUTRITION 101 INC | PENDLETON, IN | First Merchants Bank |
| $150,000–350,000 | NUTRITION 101 TRANSPORT, LLC | PENDLETON, IN | First Merchants Bank |
| $350,000–1 million | O'KEEFE & ASSOCIATES CONSULTING, L.L.C. | Bloomfield Hills, MI | First Merchants Bank |
| $150,000–350,000 | O'NEAL EXCAVATING AND CONSTRUCTION INC | Fort Wayne, IN | First Merchants Bank |
| $150,000–350,000 | O'NEAL EXCAVATING AND CONSTRUCTION, INC. | FORT WAYNE, IN | First Merchants Bank |
| $1–2 million | OAK MOTORS, INC. | DALEVILLE, IN | First Merchants Bank |
| $1–2 million | OAKLAND-MACOMB OBSTETRICS & GYNECOLOGY | ROCHESTER, MI | First Merchants Bank |
| $350,000–1 million | OAKWOOD RESORT LLC | Syracuse, IN | First Merchants Bank |
| $150,000–350,000 | OAKWOOD RESORT, LLC | SYRACUSE, IN | First Merchants Bank |
| $150,000–350,000 | OCM ENGINEERING, LLC | Indianapolis, IN | First Merchants Bank |
| $150,000–350,000 | OHIO BUILDING RESTORATION INC. | TOLEDO, OH | First Merchants Bank |
| $150,000–350,000 | OHIO LIBRARY COUNCIL | Dublin, OH | First Merchants Bank |
| $350,000–1 million | OHIO STATE BAR | Columbus, OH | First Merchants Bank |
| $350,000–1 million | OHLINGER DEVELOPMENT AND EDITORIAL COMPANY INC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | OIL PATCH PUMP & SUPPLY, LLC | Chanute, KS | First Merchants Bank |
| $350,000–1 million | OLD SCHOOL RESTAURANT ON MAIN LLC | Grand Rapids, MI | First Merchants Bank |
| $150,000–350,000 | OLD SCHOOL RESTAURANT ON MAIN, LLC | Grand Rapids, MI | First Merchants Bank |
| $150,000–350,000 | OLES & ASSOCIATES | Columbus, OH | First Merchants Bank |
| $150,000–350,000 | OLES & ASSOCIATES | Columbus, OH | First Merchants Bank |
| $150,000–350,000 | OLSON CEMENT WORK INC. | Dearborn Heights, MI | First Merchants Bank |
| $1–2 million | OPPORTUNITIES FOR POSITIVE GROWTH, INC. | FISHERS, IN | First Merchants Bank |
| $150,000–350,000 | OPTA FOODS LLC | DELPHI, IN | First Merchants Bank |
| $350,000–1 million | ORAL & MAXILLOFACIAL SURGERY ASSOCIATES, P. C. | FORT WAYNE, IN | First Merchants Bank |
| $1–2 million | ORANGE BARREL MEDIA LLC | Columbus, OH | First Merchants Bank |
| $1–2 million | ORANGE BARREL MEDIA LLC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | ORANGE COAST MAGAZINE, LLC | TROY, MI | First Merchants Bank |
| $150,000–350,000 | ORCHARD 10 CONSTRUCTION SERVICES, LLC | Farmington Hills, MI | First Merchants Bank |
| $350,000–1 million | ORION SYSTEMS INC | SALINE, MI | First Merchants Bank |
| $350,000–1 million | ORION SYSTEMS INC | Saline, MI | First Merchants Bank |
| $350,000–1 million | ORS INC. | Fishers, IN | First Merchants Bank |
| $350,000–1 million | ORS, INC. | FISHERS, IN | First Merchants Bank |
| $350,000–1 million | ORT AMERICA INC | NEW YORK, NY | First Merchants Bank |
| $350,000–1 million | ORT AMERICA INC. | New York, NY | First Merchants Bank |
| $150,000–350,000 | OTT EQUIPMENT SERVICE INC. | Noblesville, IN | First Merchants Bank |
| $150,000–350,000 | OTT EQUIPMENT SERVICES, INC. | NOBLESVILLE, IN | First Merchants Bank |
| $350,000–1 million | OTTENWELLER CONTRACTING, LLC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | OUR LADY OF BETHLEHEM SCHOOL | Columbus, OH | First Merchants Bank |
| $150,000–350,000 | OUR LADY OF BETHLEHEM SCHOOLS INC. BOARD OF TRUSTEES | Columbus, OH | First Merchants Bank |
| $350,000–1 million | OUR LADY OF MT CARMEL CATHOLIC CHURCH | CARMEL, IN | First Merchants Bank |
| $1–2 million | OVERTON INDUSTRIES INC | MOORESVILLE, IN | First Merchants Bank |
| $1–2 million | OVERTON INDUSTRIES INC | Mooresville, IN | First Merchants Bank |
| $350,000–1 million | P & B COLD STORAGE, INC. | WOODBURN, IN | First Merchants Bank |
| $150,000–350,000 | P & B TRUCKING INC | DECATUR, IN | First Merchants Bank |
| $150,000–350,000 | P N D INCORPORATED | Allen Park, MI | First Merchants Bank |
| $350,000–1 million | P&R INVESTMENTS INC | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | P-NOBLESVILLE INC. | Tipton, IN | First Merchants Bank |
| $150,000–350,000 | P-NOBLESVILLE, INC. | Tipton, IN | First Merchants Bank |
| $1–2 million | P.M. ENVIRONMENTAL, INC. | Lansing, MI | First Merchants Bank |
| $350,000–1 million | PACIFIC INDUSTRIAL DEVELOPMENT CORP | Ann Arbor, MI | First Merchants Bank |
| $350,000–1 million | PACIFIC INDUSTRIAL DEVELOPMENT CORP. | Ann Arbor, MI | First Merchants Bank |
| $2–5 million | PACREP HOLDINGS LLC | LOS ANGELES, CA | First Merchants Bank |
| $2–5 million | PACREP HOLDINGS LLC | Los Angeles, CA | First Merchants Bank |
| $350,000–1 million | PALM BEACH MEDIA GROUP NORTH, LLC | TROY, MI | First Merchants Bank |
| $150,000–350,000 | PALM ENTERPRISES INC | SCHERERVILLE, IN | First Merchants Bank |
| $150,000–350,000 | PALMER REY PLLC | SOUTHFIELD, MI | First Merchants Bank |
| $150,000–350,000 | PANOS XII FOODS INC. | Wixom, MI | First Merchants Bank |
| $150,000–350,000 | PANTERO INC. | Troy, MI | First Merchants Bank |
| $150,000–350,000 | PANTHEON STUDENT SOLUTIONS, INC. | DARIEN, IL | First Merchants Bank |
| $150,000–350,000 | PAPA'S REFRIGERATION SERVICE CO. | WARREN, MI | First Merchants Bank |
| $350,000–1 million | PAPAS REFRIGERATION SERVICE CO | Warren, MI | First Merchants Bank |
| $150,000–350,000 | PARACLETE SERVICES, INC. | Northville, MI | First Merchants Bank |
| $1–2 million | PARADIGM LIVING CONCEPTS, LLC | Indianapolis, IN | First Merchants Bank |
| $2–5 million | PARADIGM OPERATING COMPANY, LLC | PORTLAND, ME | First Merchants Bank |
| $350,000–1 million | PARAVIS INDUSTRIES, INC. | Auburn Hills, MI | First Merchants Bank |
| $350,000–1 million | PARAVIS INDUSTRIES, INC. | Auburn Hills, MI | First Merchants Bank |
| $150,000–350,000 | PARK CHAPEL CHRISTIAN CHURCH | GREENFIELD, IN | First Merchants Bank |
| $150,000–350,000 | PARK OUTDOOR MAINTENANCE, INC. | MONROVIA, IN | First Merchants Bank |
| $150,000–350,000 | PARTNER SOLUTIONS, LLC | BRIGHTON, MI | First Merchants Bank |
| $350,000–1 million | PASHEN, INC. | FISHERS, IN | First Merchants Bank |
| $150,000–350,000 | PATRIOT GROUP CONSTRUCTION, LLC | Monroe, MI | First Merchants Bank |
| $150,000–350,000 | PAVEMENT SOLUTIONS, INC. | MIDDLETOWN, IN | First Merchants Bank |
| $1–2 million | PD INTERNATIONAL HOLDINGS, LLC | SAINT LOUIS, MO | First Merchants Bank |
| $350,000–1 million | PDQ WORKHOLDING, LLC | COLUMBIA CITY, IN | First Merchants Bank |
| $350,000–1 million | PEACOCK ENTERPRISES INC | Sterling Heights, MI | First Merchants Bank |
| $150,000–350,000 | PEACOCK'S, INC. | Sterling Heights, MI | First Merchants Bank |
| $150,000–350,000 | PEARL REAL ESTATE MANAGEMENT | Fishers, IN | First Merchants Bank |
| $150,000–350,000 | PEARL REAL ESTATE MANAGEMENT, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | PEDIATRIC & ADOLESCENT MEDICINE | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | PEDIATRIC CONSULTANTS OF TROY P.C. | Rochester Hills, MI | First Merchants Bank |
| $150,000–350,000 | PEDIATRIC DENTAL CENTER INC. | Burlington, KY | First Merchants Bank |
| $150,000–350,000 | PEDIATRIC DENTAL CENTER INC. | Burlington, KY | First Merchants Bank |
| $350,000–1 million | PEERLESS SAW COMPANY | GROVEPORT, OH | First Merchants Bank |
| $350,000–1 million | PEGASYS SYSTEMS & TECHNOLOGIES INC. | Livonia, MI | First Merchants Bank |
| $150,000–350,000 | PENCE BUSINESS GROUP INC. | Lafayette, IN | First Merchants Bank |
| $150,000–350,000 | PEPKA INDUSTRIES | Shelbyville, IN | First Merchants Bank |
| $150,000–350,000 | PEPKA INDUSTRIES, INC. | SHELBYVILLE, IN | First Merchants Bank |
| $150,000–350,000 | PERICH + PARTNERS, LTD | ANN ARBOR, MI | First Merchants Bank |
| $150,000–350,000 | PERIGEE MANUFACTURING COMPANY INC. | Detroit, MI | First Merchants Bank |
| $150,000–350,000 | PERIGEE MANUFACTURING COMPANY, INC. | DETROIT, MI | First Merchants Bank |
| $350,000–1 million | PHOENIX COMMUNITY SERVICES, LLC | ANDERSON, IN | First Merchants Bank |