250
Loans Approved
$79.2M
Total Volume
$317K
Avg Loan Size
11
States Served
Top Industries Financed
- Full-Service Restaurants
- Residential Remodelers
- Plumbing, Heating, and Air-Conditioning Contractors
- Landscaping Services
- Janitorial Services
About First Merchants Bank
First Merchants Bank is an SBA-approved lender headquartered in Indianapolis, Indiana. Since 2020, they have approved 250 SBA 7(a) loans totaling $79.2M, with an average loan size of $317K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 11 states.
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