| $350,000–1 million | PTS AUTOMATION, INC. | Indianapolis, IN | First Merchants Bank |
| $350,000–1 million | PWC EMPLOYMENT, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | PYATT BUILDERS, LLC | CARMEL, IN | First Merchants Bank |
| $150,000–350,000 | PYRGOS INC | Knightstown, IN | First Merchants Bank |
| $350,000–1 million | QUALIGENCE INC | Livonia, MI | First Merchants Bank |
| $350,000–1 million | QUALIGENCE, INC. | Livonia, MI | First Merchants Bank |
| $150,000–350,000 | QUALITY PERFORMANCE PLUMBING INC. | Monroe, MI | First Merchants Bank |
| $150,000–350,000 | QUALITY PERFORMANCE PLUMBING INC. | MONROE, MI | First Merchants Bank |
| $350,000–1 million | QUALITY PLUS- DMC INC. | Livonia, MI | First Merchants Bank |
| $350,000–1 million | QUALITY PLUS-DMC, INC. | LIVONIA, MI | First Merchants Bank |
| $2–5 million | QUINN EVANS ARCHITECTS, INC. | Washington, DC | First Merchants Bank |
| $350,000–1 million | QUINN LAW GROUP P.L.L.C | Northville, MI | First Merchants Bank |
| $350,000–1 million | QUINN LAW GROUP, P.L.L.C. | Northville, MI | First Merchants Bank |
| $350,000–1 million | R & J CARTAGE INC | Porter, IN | First Merchants Bank |
| $150,000–350,000 | R & J HOME IMPROVEMENTS, INC. | Merrillville, IN | First Merchants Bank |
| $150,000–350,000 | R & T YODER ELECTRIC, INC. | LONDON, OH | First Merchants Bank |
| $350,000–1 million | R J HANLON CO INC. | Westfield, IN | First Merchants Bank |
| $350,000–1 million | R&J CARTAGE INC | CHESTERTON, IN | First Merchants Bank |
| $150,000–350,000 | R&R FIRE TRUCK REPAIR INC | Northville, MI | First Merchants Bank |
| $350,000–1 million | R.J. HANLON COMPANY, INC. | WESTFIELD, IN | First Merchants Bank |
| $2–5 million | R.L COOLSAET CONSTRUCTION CO. | TAYLOR, MI | First Merchants Bank |
| $1–2 million | R.L. MCCOY, INC. | COLUMBIA CITY, IN | First Merchants Bank |
| $150,000–350,000 | R.P. WAKEFIELD CO., INC. | WATERLOO, IN | First Merchants Bank |
| $150,000–350,000 | R.W. THOMAS, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $1–2 million | RADIOLOGY INC | POWELL, OH | First Merchants Bank |
| $350,000–1 million | RAG'S ELECTRIC, INC. | WOODRIDGE, IL | First Merchants Bank |
| $350,000–1 million | RAKER-ROBERTA'S YOUNG PLANTS, LLC | LITCHFIELD, MI | First Merchants Bank |
| $150,000–350,000 | RAMJO INC. | Indianapolis, IN | First Merchants Bank |
| $150,000–350,000 | RAMJO, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | RANCH KING ENTERPRISES INC. | Farmington Hills, MI | First Merchants Bank |
| $350,000–1 million | RAND ENVIRONMENTAL SERVICES, INC. | ROMULUS, MI | First Merchants Bank |
| $350,000–1 million | RAND INDUSTRIAL INSULATION | ROMULUS, MI | First Merchants Bank |
| $350,000–1 million | RANDALL DERMATOLOGY, PC | WEST LAFAYETTE, IN | First Merchants Bank |
| $150,000–350,000 | REALSTONE SYSTEMS LLC | Troy, MI | First Merchants Bank |
| $350,000–1 million | REBER MACHINE & TOOL CO INC | MUNCIE, IN | First Merchants Bank |
| $350,000–1 million | REBER MACHINE & TOOL CO. INC. | Muncie, IN | First Merchants Bank |
| $350,000–1 million | RECYCLE ANN ARBOR | Ann Arbor, MI | First Merchants Bank |
| $350,000–1 million | RECYCLE ANN ARBOR | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | RED HOUSE MEDICAL BILLING MI LLC | Novi, MI | First Merchants Bank |
| $150,000–350,000 | RED HOUSE MEDICAL BILLING MI, LLC | SOUTHFIELD, MI | First Merchants Bank |
| $150,000–350,000 | REDFORD LOCK COMPANY INC | Novi, MI | First Merchants Bank |
| $150,000–350,000 | REDFORD LOCK COMPANY, INC. | Novi, MI | First Merchants Bank |
| $150,000–350,000 | REED & COMPANY, PC | LAFAYETTE, IN | First Merchants Bank |
| $1–2 million | REFTECH INTERNATIONAL CORP. | Carnegie, PA | First Merchants Bank |
| $1–2 million | REFTECH INTERNATIONAL CORP. | CARNEGIE, PA | First Merchants Bank |
| $2–5 million | REGIS CONSTRUCTION, LLC | Ann Arbor, MI | First Merchants Bank |
| $150,000–350,000 | REILING, TEDER, & SCHRIER, LLC | LAFAYETTE, IN | First Merchants Bank |
| $350,000–1 million | RELIABLE ANALYSIS INC | MADISON HEIGHTS, MI | First Merchants Bank |
| $350,000–1 million | RELIABLE TRANSPORTATION SPECIAISTS INC | CHESTERTON, IN | First Merchants Bank |
| $350,000–1 million | RELIABLE TRANSPORTATION SPECIALISTS INC | Chesterton, IN | First Merchants Bank |
| $350,000–1 million | RELIANCE MACHINE COMPANY INC | Muncie, IN | First Merchants Bank |
| $350,000–1 million | RELIANCE MACHINE COMPANY INC. | MUNCIE, IN | First Merchants Bank |
| $150,000–350,000 | REMEDI CONSULTING COMPANY | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | REMEDIAL HEALTH CARE SERVICES, LLC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | RENAISSANCE MEDIA SOLUTIONS LLC | Southfield, MI | First Merchants Bank |
| $150,000–350,000 | RENE VANASSCHE & SONS CO | Warren, MI | First Merchants Bank |
| $150,000–350,000 | RENE VANASSCHE & SON, CO. | Warren, MI | First Merchants Bank |
| $150,000–350,000 | REPRODUCTIVE DIAGNOSTICS, INC. | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | REVEL & UNDERWOOD | Fishers, IN | First Merchants Bank |
| $150,000–350,000 | REZOD LLC | COLUMBUS, OH | First Merchants Bank |
| $150,000–350,000 | REZOD LLC | Columbus, OH | First Merchants Bank |
| $150,000–350,000 | RICHARD BUCHER | Oakland, NJ | First Merchants Bank |
| $150,000–350,000 | RICHARD L BUCHER JR | Oakland, NJ | First Merchants Bank |
| $1–2 million | RICHARD TOOL & DIE CORPORATION | New Hudson, MI | First Merchants Bank |
| $1–2 million | RICHARD TOOL & DIE CORPORATION | NEW HUDSON, MI | First Merchants Bank |
| $150,000–350,000 | RICK A POSTON DO PC | WOODHAVEN, MI | First Merchants Bank |
| $150,000–350,000 | RIGHT WAY MEDICAL, LLC | WESTERVILLE, OH | First Merchants Bank |
| $150,000–350,000 | RIS PLUMBING CORP | Montclair, NJ | First Merchants Bank |
| $150,000–350,000 | RIS PLUMBING CORPORATION | Montclair, NJ | First Merchants Bank |
| $150,000–350,000 | RIVER VALLEY PAPER COMPANY TRANSPORT, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $1–2 million | RIVER VALLEY PAPER COMPANY, LLC | AKRON, OH | First Merchants Bank |
| $350,000–1 million | RIVERSIDE NEPHROLOGY ASSOCIATES, INC. | COLUMBUS, OH | First Merchants Bank |
| $350,000–1 million | RJP REAL ESTATE HOLDINGS, INC | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | RK REAL ESTATE LLC | FARMINGTON HILLS, MI | First Merchants Bank |
| $150,000–350,000 | RM INC | Fort Wayne, IN | First Merchants Bank |
| $150,000–350,000 | RMJ2 OF NORTHVILLE INC | NORTHVILLE, MI | First Merchants Bank |
| $350,000–1 million | RMT WOODWORTH, LLC. | PLYMOUTH, MI | First Merchants Bank |
| $150,000–350,000 | ROBERT C LAYMAN OD INC | Lambertville, MI | First Merchants Bank |
| $150,000–350,000 | ROBERT C LAYMAN, OD INC. | LAMBERTVILLE, MI | First Merchants Bank |
| $150,000–350,000 | ROBERT'S HAIR DESIGNER INC | GREENWOOD, IN | First Merchants Bank |
| $150,000–350,000 | ROBERT'S HAIR DESIGNER INC. | Greenwood, IN | First Merchants Bank |
| $150,000–350,000 | ROBERTA'S INC. | WALDRON, IN | First Merchants Bank |
| $150,000–350,000 | ROCHELLE LIEBERMAN TRAVEL SERVICE INC | FARMINGTON, MI | First Merchants Bank |
| $150,000–350,000 | ROCHELLE LIEBERMAN TRAVEL SERVICE INC. | Farmington Hills, MI | First Merchants Bank |
| $350,000–1 million | ROCKY MOUNTAIN SPECIALTY SERVICES LLC | Hammond, IN | First Merchants Bank |
| $150,000–350,000 | ROCKY MOUNTAIN SPECIALTY SERVICES LLC | HAMMOND, IN | First Merchants Bank |
| $350,000–1 million | ROHRSCHEIB SONS CAISSONS, INC. | New Hudson, MI | First Merchants Bank |
| $150,000–350,000 | ROLAN PLANT SERVICES INC. | Lafayette, IN | First Merchants Bank |
| $150,000–350,000 | ROLAN PLANT SERVICES, INC. | LAFAYETTE, IN | First Merchants Bank |
| $1–2 million | ROLLIE WILLIAMS PAINT SPOT INC | ELKHART, IN | First Merchants Bank |
| $150,000–350,000 | RONDA AUTO CENTERS, INC. | Grand Rapids, MI | First Merchants Bank |
| $1–2 million | ROPES COURSES INC | Allegan, MI | First Merchants Bank |
| $1–2 million | ROPES COURSES INCORPORATED | Allegan, MI | First Merchants Bank |
| $350,000–1 million | ROSE & ASSOCIATES, L.L.C. | SEATTLE, WA | First Merchants Bank |
| $150,000–350,000 | ROSEBROOK CHILD DEVELOPMENT CENTER | Brighton, MI | First Merchants Bank |
| $150,000–350,000 | ROSEBROOK CHILD DEVELOPMENT CENTER - BRIGHTON LLC | Brighton, MI | First Merchants Bank |
| $2–5 million | ROSEMA CORPORATION | FORT WAYNE, IN | First Merchants Bank |
| $150,000–350,000 | ROSHIB INC | NEW HUDSON, MI | First Merchants Bank |
| $150,000–350,000 | ROTTMAN KINGSTON & NEUVIRTH P.C. | Farmington Hills, MI | First Merchants Bank |
| $150,000–350,000 | ROTTMAN KINGSTON & NEUVIRTH, PC | Farmington Hills, MI | First Merchants Bank |