| $350,000–1 million | SOUTHERN HOL N ONE DONUT CO INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | SOUTHPOINTE PEDIATRICS PC | INDIANAPOLIS, IN | Indiana Members CU |
| $150,000–350,000 | SOUTHPORT DENTAL, P.C. | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $350,000–1 million | SOUTHPORT PRESBYTERIAN CHURCH | INDIANAPOLIS, IN | BMO Harris Bank National Association |
| $150,000–350,000 | SOUTHSIDE FAMILY MEDICAL GROUP LLC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $1–2 million | SOUTHSIDE OB-GYN, P.C. | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | SOUTHSIDE PEDIATRICS INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | SPARTAN SERVICE GROUP | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $150,000–350,000 | SPECIAL OLYMPICS INDIANA, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $150,000–350,000 | SPECTACLE GARY HOLDINGS, LLC | INDIANAPOLIS, IN | Centier Bank |
| $150,000–350,000 | SPECTRUM TECHNOLOGY INC | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | SPEEDWAY BODY SHOP INC | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | SPEEDWAY ENGINE DEVELOPMENT, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $150,000–350,000 | SPEEDWAY INDOOR KARTING, LLC | INDIANAPOLIS, IN | The North Salem State Bank |
| $150,000–350,000 | SPLURGE TICKETS, LLC | INDIANAPOLIS, IN | U.S. Bank, National Association |
| $350,000–1 million | SPONSEL CPA GROUP LLC | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | SPORT GRAPHICS, INC. | INDIANAPOLIS, IN | Comerica Bank |
| $2–5 million | SPOT FREIGHT, INC. | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $2–5 million | SPRINGBUK, INC | INDIANAPOLIS, IN | Centier Bank |
| $350,000–1 million | SPRINGER SERVICE SYSTEMS INC. | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $150,000–350,000 | SRI, INC. | INDIANAPOLIS, IN | The National Bank of Indianapolis |
| $350,000–1 million | SRS-2 INC. | INDIANAPOLIS, IN | First Financial Bank, National Association |
| $150,000–350,000 | ST JOHN LUTHERAN CHURCH AND SCHOOL | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $350,000–1 million | ST JOSEPH INSTITUTE FOR THE DEAF | INDIANAPOLIS, IN | PNC Bank, National Association |
| $350,000–1 million | ST LUKE'S UNITED METHODIST CHURCH | INDIANAPOLIS, IN | Horizon Bank |
| $350,000–1 million | ST MATTHEW CATHOLIC CHURCH INDIANAPOLIS INC | INDIANAPOLIS, IN | STAR Financial Bank |
| $150,000–350,000 | ST PAUL'S EPISCOPAL CHURCH | INDIANAPOLIS, IN | The National Bank of Indianapolis |
| $350,000–1 million | ST THERESE OF THE INFANT JESUS CATHOLIC CHURCH INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $350,000–1 million | ST. BARNABAS CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $150,000–350,000 | ST. CHRISTOPHER CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. JOAN OF ARC CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. JUDE CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $150,000–350,000 | ST. LAWRENCE CATHOLIC CHURCH, LAWRENCE, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $150,000–350,000 | ST. LOUIS GROUP, LLC | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. MARK THE EVANGELIST CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. MARY'S CHILD CENTER, INC. | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | ST. MONICA CATHOLIC CHURCH | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | ST. PIUS X CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. RICHARD'S EPISCOPAL SCHOOL, INC. | INDIANAPOLIS, IN | The National Bank of Indianapolis |
| $150,000–350,000 | ST. ROCH CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | ST. SIMON THE APOSTLE CATHOLIC CHURCH, INDIANAPOLIS, INC. | INDIANAPOLIS, IN | Fifth Third Bank |
| $2–5 million | ST. VINCENT EMERGENCY PHYSICIANS, INC. | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | STACE ALLEN CHUCK INC | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | STAINED GLASS ENTERPRISES INC | INDIANAPOLIS, IN | Fifth Third Bank |
| $350,000–1 million | STALNAKER SECURITY SERVICES LLC | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | STANDARD CHANGE-MAKERS, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | STARFISH INC | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | STAY DRY ROOFING LLC | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $350,000–1 million | STEEL HOUSE LLC | INDIANAPOLIS, IN | The Farmers Bank, Frankfort, Indiana |
| $150,000–350,000 | STEEL SERVICES FABRICATION DIVISION LLC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | STEEL SERVICES INC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | STEELE INSURANCE AND FINANCIAL SERVICES, INC. | INDIANAPOLIS, IN | Hendricks County Bank and Trust Company |
| $350,000–1 million | STEGEMOLLER PLUMBING, INC. | INDIANAPOLIS, IN | First Financial Bank |
| $150,000–350,000 | STENZ CONSTRUCTION CORPORATION | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $150,000–350,000 | STENZ MANAGEMENT CO., INC. | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $150,000–350,000 | STEPHENSON MOROW & SEMLER | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $350,000–1 million | STEPPING STONES BEHAVIORAL SOLUTIONS LLC | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | STEVES FLOWERS AND GIFTS INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | STEWART-RICHARDSON & ASSOCIATES, INC. | INDIANAPOLIS, IN | Regions Bank |
| $150,000–350,000 | STICKLE STEAM SPECIALTIES CO., INC. | INDIANAPOLIS, IN | Regions Bank |
| $150,000–350,000 | STONE CENTER OF INDIANA, LLC | INDIANAPOLIS, IN | Merchants Bank of Indiana |
| $150,000–350,000 | STONEBRAKER RESTAURANT CORP | INDIANAPOLIS, IN | PNC Bank, National Association |
| $350,000–1 million | STORMS MCMULLEN ELECTRIC, INC. | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | STOUT'S FACTORY SHOE STORE COMPANY INC. | INDIANAPOLIS, IN | Busey Bank |
| $350,000–1 million | STRATEGIC CAPITAL PARTNERS, LLC | INDIANAPOLIS, IN | The National Bank of Indianapolis |
| $150,000–350,000 | STRATEGIC MARKETING & RESEARCH INSIGHTS LLC | INDIANAPOLIS, IN | Horizon Bank |
| $150,000–350,000 | STUART'S ENTERPRISES LLC | INDIANAPOLIS, IN | BMO Harris Bank National Association |
| $150,000–350,000 | SUBURBAN BAPTIST CHURCH | INDIANAPOLIS, IN | BMO Harris Bank National Association |
| $350,000–1 million | SUBURBAN HEALTH ORGANIZATION, INC. | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | SULLIVAN HARDWARE & GARDEN INC | INDIANAPOLIS, IN | Merchants Bank of Indiana |
| $150,000–350,000 | SULLIVAN OUTDOORS, INC. | INDIANAPOLIS, IN | Regions Bank |
| $1–2 million | SUMCO GROUP LLC | INDIANAPOLIS, IN | Bank of America, National Association |
| $350,000–1 million | SUMMERS OF BROAD RIPPLE, INC. | INDIANAPOLIS, IN | KeyBank National Association |
| $350,000–1 million | SUMMIT CONSTRUCTION CO, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | SUN DEVELOPMENT AND MANAGEMENT CORPORATION | INDIANAPOLIS, IN | The Citizens National Bank of Meridian |
| $350,000–1 million | SUN FAMILY JGLA LLC | INDIANAPOLIS, IN | The First State Bank |
| $350,000–1 million | SUN KING BREWING COMPANY, LLC | INDIANAPOLIS, IN | First Merchants Bank |
| $150,000–350,000 | SUN REAL ESTATE, LLP | INDIANAPOLIS, IN | The Citizens National Bank of Meridian |
| $150,000–350,000 | SUNCOAST COFFEE INC | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | SUNSHINE MAINTENANCE SERVICE INC | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | SUPERIOR CARPET INSTALLERS, INC. | INDIANAPOLIS, IN | Regions Bank |
| $350,000–1 million | SUPERIOR CONTRACTORS, INC. | INDIANAPOLIS, IN | First Merchants Bank |
| $350,000–1 million | SUPERIOR METAL TECHNOLOGIES LLC | INDIANAPOLIS, IN | Fifth Third Bank |
| $5–10 million | SUPERIOR OIL CO INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $350,000–1 million | SUPERIOR ROOFING SERVICES, INC. | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $350,000–1 million | SUPPLYKICK INC. | INDIANAPOLIS, IN | Stock Yards Bank & Trust Company |
| $150,000–350,000 | SURAJ LODGING ASSOCIATES LLP | INDIANAPOLIS, IN | The Citizens National Bank of Meridian |
| $350,000–1 million | SURGICAL CARE CENTER | INDIANAPOLIS, IN | KeyBank National Association |
| $350,000–1 million | SUTTON GARTEN CO | INDIANAPOLIS, IN | PNC Bank, National Association |
| $350,000–1 million | SWIFT AIR MECHANICAL, INC. | INDIANAPOLIS, IN | The National Bank of Indianapolis |
| $350,000–1 million | SYNDICATE CLAIM SERVICES, INC | INDIANAPOLIS, IN | Old National Bank |
| $150,000–350,000 | SYNTHESIS INCORPORATED | INDIANAPOLIS, IN | Lake City Bank |
| $1–2 million | SYSTEM SCALE CORPORATION | INDIANAPOLIS, IN | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | SYSTEM TECHNOLOGIES, INC. | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | SZYDLO ENTERPRISES, LLC | INDIANAPOLIS, IN | The Huntington National Bank |
| $150,000–350,000 | SZYDLO'S PAL, LLC | INDIANAPOLIS, IN | The Huntington National Bank |
| $350,000–1 million | T & C CIRCLE MANAGEMENT, INC. | INDIANAPOLIS, IN | BMO Harris Bank National Association |
| $150,000–350,000 | T & K SALES, INCORPORATED | INDIANAPOLIS, IN | KeyBank National Association |
| $150,000–350,000 | T L CARE INC | INDIANAPOLIS, IN | PNC Bank, National Association |
| $150,000–350,000 | T P SCHOOLS | INDIANAPOLIS, IN | PNC Bank, National Association |