Loading...
Community bank providing commercial lending, agricultural financing, and business banking services throughout Indiana with personalized service and local decision-making for business customers.
Have you worked with Merchants Bank of Indiana? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
expanding
As Of June 30, 2025
Median
$382K
Average
$1.2M
Industries with highest loan volume
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
loans
N/A
avg. amount
Loans
Avg. Amount
N/A
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)