Community bank providing commercial lending, agricultural financing, and business banking services throughout Indiana with personalized service and local decision-making for business customers.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by Merchants Bank of Indiana unless otherwise indicated.
Loading reviews...
7(a) Acquisition Loan Data As Of June 30, 2026
Last 12 Months
Last 3 Years
YoY Growth
expanding
As Of June 30, 2026
Median
$813K
Average
$1.5M
Sweet Spot
$500K-$1M
Industries with highest loan volume
Private Mail Centers
11
loans
$524K
avg. amount
Private Mail Centers
11
loans
$524K
avg
Hotels (except Casino Hotels) and Motels
6
loans
$2.8M
avg. amount
Hotels (except Casino Hotels) and Motels
6
loans
$2.8M
avg
Drycleaning and Laundry Services (except Coin-Operated)
5
loans
$415K
avg. amount
Drycleaning and Laundry Services (except Coin-Operated)
5
loans
$415K
avg
Landscaping Services
3
loans
$1.3M
avg. amount
Landscaping Services
3
loans
$1.3M
avg
Gasoline Stations with Convenience Stores
3
loans
$2.6M
avg. amount
Gasoline Stations with Convenience Stores
3
loans
$2.6M
avg
Machine Shops
2
loans
$3.4M
avg. amount
Machine Shops
2
loans
$3.4M
avg
General Automotive Repair
2
loans
$435K
avg. amount
General Automotive Repair
2
loans
$435K
avg
Support Activities for Metal Mining
2
loans
$934K
avg. amount
Support Activities for Metal Mining
2
loans
$934K
avg
Other Building Finishing Contractors
1
loans
$834K
avg. amount
Other Building Finishing Contractors
1
loans
$834K
avg
Commercial Screen Printing
1
loans
$636K
avg. amount
Commercial Screen Printing
1
loans
$636K
avg
10-Year
0.6%
Percentile Ranking
83th
83th percentile
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.27% |
| $500K-$1M | Prime + 2.11% |
| $1M-$2M | Prime + 2.29% |
| $2M-$3M | Prime + 1.77% |
| $3M-$4M | Prime + 1.92% |
| $4M-$5M | Prime + 1.60% |
As Of June 30, 2026 - States by loan volume (darker blue = higher volume)
Claim this profile to manage your information, respond to reviews, and access analytics.