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Lender record

First Merchants Bank

The real lending record — every figure from funded deals. HQ: 200 E Jackson St, Muncie, IN. 136 branches.

1,034

Recent deals (FY20+)

$327K

Typical deal

19 days

Approval → funding

1.4%

Failure rate (FY20–23)

Where First Merchants Bank lends

Deals First Merchants Bank funded — list all 500 as text

Deal profile

Most First Merchants Bank deals land between $100K and $900K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Full-Service Restaurants (48)
  2. 2.Limited-Service Restaurants (37)
  3. 3.Snack and Nonalcoholic Beverage Bars (30)
  4. 4.General Freight Trucking, Local (24)
  5. 5.Residential Remodelers (23)
  6. 6.General Automotive Repair (23)
  7. 7.Plumbing, Heating, and Air-Conditioning Contractors (22)
  8. 8.Other Personal Care Services (20)

Most active states

  1. 1.Indiana (177 deals)
  2. 2.Michigan (104 deals)
  3. 3.California (103 deals)
  4. 4.Texas (91 deals)
  5. 5.Florida (91 deals)
  6. 6.Illinois (50 deals)
  7. 7.Ohio (42 deals)
  8. 8.New York (37 deals)
  9. 9.Georgia (24 deals)
  10. 10.New Jersey (22 deals)

Franchises they finance most

Crumbl

11 deals

Scooter's Coffee

7 deals

Goldfish Swim School

6 deals

Degree Wellness

4 deals

Pizza Ranch

4 deals

Can First Merchants Bank fund you? The bank behind the loans

Total assets

$21.0B

▲ 10.7% vs prior quarter

Deposits on hand

$16.5B

▲ 7.7% vs prior quarter

Loans outstanding

$15.5B

▲ 13.5% vs prior quarter

Net income (latest qtr)

$33.3M

  • •An active SBA program (~0.6% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes First Merchants Bank more SBA-focused than 69% of the banks on our record.
  • •Deposits grew last quarter — more raw lending capacity than the quarter before.
  • •Return on assets of 0.66% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a First Merchants Bank branch (135)

First Merchants BankMain office200 E Jackson StMuncie, IN 47305 · since 1893

Winchester Branch122 W Washington StWinchester, IN 47394 · since 1865

Liberty Union County Branch107 W Union StLiberty, IN 47353 · since 1872

Anderson Downtown Branch800 Main St Ste 100Anderson, IN 46016 · since 1872

Middletown Branch790 W Mill StMiddletown, IN 47356 · since 1882

Greenfield Branch1810 N State StGreenfield, IN 46140 · since 1883

Crawfordsville Branch134 S Washington StCrawfordsville, IN 47933 · since 1884

Brownsburg Branch975 E Main StBrownsburg, IN 46112 · since 1884

Bourbon Branch101 W Center StBourbon, IN 46504 · since 1884

Odon Branch501 W Main StOdon, IN 47562 · since 1890

New Castle Branch2118 Bundy AveNew Castle, IN 47362 · since 1890

Lafayette Headquarters Branch250 Main StLafayette, IN 47901 · since 1899

Morgantown Branch180 W Washington StMorgantown, IN 46160 · since 1900

Portland Branch112 W Main StPortland, IN 47371 · since 1904

Monroe Headquarters Branch10 Washington StMonroe, MI 48161 · since 1905

Remington Branch101 E Division StRemington, IN 47977 · since 1908

Farmers State Bank Branch7340 Main St NeLanesville, IN 47136 · since 1910

Frankfort Branch60 S Main StFrankfort, IN 46041 · since 1916

Rensselaer Branch200 W Washington StRensselaer, IN 47978 · since 1919

Corydon Branch900 Indiana 62 NwCorydon, IN 47112 · since 1925

Crown Point Branch155 N Main StCrown Point, IN 46307 · since 1934

Munster 45th Branch1720 45th StMunster, IN 46321 · since 1934

Valparaiso Branch855 Thornapple WayValparaiso, IN 46385 · since 1934

Hammond Branch5311 Hohman AveHammond, IN 46320 · since 1934

Merrillville Branch6101 Harrison StMerrillville, IN 46410 · since 1934

East Chicago Branch4740 Indianapolis BlvdEast Chicago, IN 46312 · since 1934

Munster Ridge Road Branch707 Ridge RdMunster, IN 46321 · since 1934

202 Court Avenue Branch202 E Court AveJeffersonville, IN 47130 · since 1938

Ft. Wayne Headquarters Branch855 Webster StFort Wayne, IN 46802 · since 1946

Ida Branch2917 Lewis AveIda, MI 48140 · since 1946

Temperance Branch9007 Lewis AveTemperance, MI 48182 · since 1948

Monticello Branch116 E Washington StMonticello, IN 47960 · since 1949

Madison Street Branch2101 S Madison StMuncie, IN 47302 · since 1951

Market Square Branch2200 Elmwood AveLafayette, IN 47904 · since 1958

Country Club Branch101 S Country Club RdMuncie, IN 47303 · since 1962

Montgomery Branch478 W Myers StMontgomery, IN 47558 · since 1962

Mcgalliard Branch1628 W Mcgalliard RdMuncie, IN 47304 · since 1963

Teal Road Branch2504 Teal RdLafayette, IN 47905 · since 1966

Decatur Branch520 N 13th StDecatur, IN 46733 · since 1967

West Lafayette Branch2329 N Salisbury StWest Lafayette, IN 47906 · since 1967

Lambertville Branch7341 Secor RdLambertville, MI 48144 · since 1968

Tillotson Branch801 S Tillotson AveMuncie, IN 47304 · since 1969

North Monroe Branch1204 N Monroe StMonroe, MI 48162 · since 1969

West Monroe Branch1500 N Custer RdMonroe, MI 48162 · since 1972

Portland Drive-Up Branch115 W Main StPortland, IN 47371 · since 1972 · limited service

South Dixie Branch14581 S Dixie HwyMonroe, MI 48161 · since 1974

Wabash Branch1250 N Cass StWabash, IN 46992 · since 1977

Milan Branch14690 S Sanford RdMilan, MI 48160 · since 1978

Demotte Branch437 N Halleck StDemotte, IN 46310 · since 1979

Harlan Branch17505 State Road 37Harlan, IN 46743 · since 1979

Tonkel Branch10403 Leo RdFort Wayne, IN 46825 · since 1982

Marengo Branch165 E State Road 64Marengo, IN 47140 · since 1983

Peru Branch990 W Main StPeru, IN 46970 · since 1985

Bluffton Branch1405 Baker PlBluffton, IN 46714 · since 1987

Carleton Branch12633 Grafton RdCarleton, MI 48117 · since 1988

26 East Branch3901 South StLafayette, IN 47905 · since 1989

Connersville Branch832 N Central AveConnersville, IN 47331 · since 1990

1100 Market St Branch1100 Market StCharlestown, IN 47111 · since 1993

Highland Branch3853 45th StHighland, IN 46322 · since 1994

Salem Office1336 S Jackson StSalem, IN 47167 · since 1995

Pendleton Branch100 E State StPendleton, IN 46064 · since 1995

Hunter Station Way Branch125 Hunter Station WaySellersburg, IN 47172 · since 1996

River Road Branch651 Westfield RdNoblesville, IN 46060 · since 1997

53rd Street Branch1526 E 53rd StAnderson, IN 46013 · since 1997

Veterans Parkway Branch1803 Veterans Memorial Pkwy S Ste JLafayette, IN 47909 · since 1998

Birmingham Branch1712 W Maple RdBirmingham, MI 48009 · since 1998

Carmel Branch1 E Carmel DrCarmel, IN 46032 · since 1999

Greenwood Sr 135 Branch901 S State Road 135Greenwood, IN 46143 · since 1999

Flat Rock Branch28417 Telegraph RdFlat Rock, MI 48134 · since 1999

New Palestine Branch7435 W Us Highway 52New Palestine, IN 46163 · since 1999

Schererville Branch7650 Harvest DrSchererville, IN 46375 · since 1999

Avon Branch7648 E Us Highway 36Avon, IN 46123 · since 1999

Tremont Branch2130 Tremont CtrUpper Arlington, OH 43221 · since 1999

New Haven Branch11075 Isabelle DrNew Haven, IN 46774 · since 2000

Huntington Branch2845 Guilford StHuntington, IN 46750 · since 2001

Flora Branch805 E Columbia StFlora, IN 46929 · since 2001

Franklin Branch2259 N Morton StFranklin, IN 46131 · since 2002

First Merchants Private Wealth Advisors200 E Jackson StMuncie, IN 47305 · since 2003 · limited service

Georgetown Branch1000 Copperfield DrGeorgetown, IN 47122 · since 2003

Fort& Vinewood Branch2517 Fort StWyandotte, MI 48192 · since 2003

Northwestern Highway Branch30095 Northwestern HwyFarmington Hills, MI 48334 · since 2005

Sawmill Rd Br5811 Sawmill RdDublin, OH 43017 · since 2005

Taylor Branch7146 Pelham RdTaylor, MI 48180 · since 2005

West Jefferson Branch6751 W Jefferson BlvdFort Wayne, IN 46804 · since 2005

Noble Creek Branch400 Noble Creek DrNoblesville, IN 46060 · since 2005

Plainfield Branch1121 E Main StPlainfield, IN 46168 · since 2005

Reed Road Branch4621 Reed RdColumbus, OH 43220 · since 2006

Ferndale Branch22635 Woodward AveFerndale, MI 48220 · since 2006

Dundee Branch123 Helle BlvdDundee, MI 48131 · since 2006

Novi Branch44350 W 12 Mile RdNovi, MI 48377 · since 2007

Grandview Branch1460 Grandview AveColumbus, OH 43212 · since 2007

Emerson Branch1250 N Emerson AveGreenwood, IN 46143 · since 2007

Northbrook Branch1401 W Dupont RdFort Wayne, IN 46825 · since 2007

Mooresville Branch1010 N Samuel Moore PkwyMooresville, IN 46158 · since 2007

Yorktown Branch1501 N Nebo RdMuncie, IN 47304 · since 2007

Karl Road Branch1616 E Dublin Granville RdColumbus, OH 43229 · since 2007

Reynoldsburg Branch6950 E Main StReynoldsburg, OH 43068 · since 2008

Fishers Geist Branch11521 Olio RdFishers, IN 46037 · since 2008

William Street Branch125 W William StAnn Arbor, MI 48104 · since 2009

Graceland Branch5090 N High StColumbus, OH 43214 · since 2009

Westfield Branch3333 E State Road 32Westfield, IN 46074 · since 2009

Northville East Branch20550 Haggerty RdNorthville, MI 48167 · since 2011

Bloomfield Township Branch37100 Woodward AveBloomfield Township, MI 48304 · since 2012

Grabill Branch13505 Main StGrabill, IN 46741 · since 2012

Orchard Lake Branch30201 Orchard Lake RdFarmington Hills, MI 48334 · since 2012

State Street Branch2218 State StNew Albany, IN 47150 · since 2013

Scatterfield Branch1801 N Scatterfield RdAnderson, IN 46012 · since 2013

Michgan Road Branch10210 N Michigan RdCarmel, IN 46032 · since 2014

Shelbyville Branch2350 Marketplace BlvdShelbyville, IN 46176 · since 2014

Sterling Heights Mi Branch43683 Schoenherr RdSterling Heights, MI 48313 · since 2014

Broad Ripple Branch5915 N College AveIndianapolis, IN 46220 · since 2016

Detroit Downtown Branch1420 Washington Blvd Ste 110Detroit, MI 48226 · since 2016

State Street Branch3930 S State RdAnn Arbor, MI 48108 · since 2016

Grand Rapids Branch2355 Burton St SeGrand Rapids, MI 49506 · since 2016

Maple & Telegraph Branch6450 Telegraph RdBloomfield Hills, MI 48301 · since 2017

South Bend Lpo Branch1130 S Bend AveSouth Bend, IN 46617 · since 2018

Plymouth Branch41656 Ann Arbor Rd EPlymouth, MI 48170 · since 2019

North Maple Branch195 N Maple RdAnn Arbor, MI 48103 · since 2019

Clarksville Branch501 E Lewis And Clark PkwyClarksville, IN 47129 · since 2019

Wyandotte Lpo Branch467 Eureka RoadWyandotte, MI 48192 · since 2019 · limited service

Rochester Hills Branch1880 S Rochester RdRochester, MI 48307 · since 2020

10th Street Branch3538 E 10th StJeffersonville, IN 47130 · since 2020

Avondale Meadows Branch2910 E 38th StIndianapolis, IN 46218 · since 2020

Pan Am Lpo Branch201 S Capitol Ave Ste 100Indianapolis, IN 46225 · since 2020 · limited service

Northland Branch1925 Morse RdColumbus, OH 43229 · since 2022

Ann Arbor Mortgage Center Lpo Branch1328 S Main StAnn Arbor, MI 48104 · since 2022 · limited service

Chicago Lpo Branch155 N Wacker DrChicago, IL 60606 · since 2022 · limited service

Birmingham Lpo Branch35975 Woodward AveBirmingham, MI 48009 · since 2023 · limited service

Columbus Headquarters Branch1349 W. Lane AvenueColumbus, OH 43221 · since 2024

Indianapolis Headquarters Branch8711 River Crossing BlvdIndianapolis, IN 46240 · since 2024

Fitzgerald Branch7525 W. Mcnichols RdDetroit, MI 48221 · since 2025

Cleveland Loan Production Branch5005 Rockside RdIndependence, OH 44131 · since 2025 · limited service

First Savings Bank Branch702 N Shore DrJeffersonville, IN 47130 · since 2026

Detroit Headquarters Branch400 W 4th StRoyal Oak, MI 48067 · since 2026

Floyds Knob Branch4909 Old Vincennes RdFloyds Knobs, IN 47119 · since 2026

Scroll for all 135 branches · Branch data: FDIC BankFind.

Recent deals

  • Barbell Underground Fayette LLC in Fayetteville, GA — $5.0M (2026) · Fitness and Recreational Sports Centers
  • Roof Management, Inc. in Goshen, KY — $5.0M (2026) · Roofing Contractors
  • DIRT T SHIRTS, LLC in Kingston, NY — $4.6M (2026) · purchase · Commercial Screen Printing
  • DIRT T SHIRTS, LLC in Kingston, NY — $4.6M (2026) · purchase · Commercial Screen Printing
  • Charette Cosmetics, LLC in Smyrna, GA — $4.2M (2026) · Other Personal Care Services
  • Donut Land in Brunswick, OH — $3.6M (2026) · Baked Goods Retailers
  • SUPERIOR HOME SERVICES INC. in Hartland, MI — $3.3M (2026) · purchase · Appliance Repair and Maintenance
  • KOUKLAS GREEK EATERY in Niles, IL — $3.2M (2026) · Full-Service Restaurants
  • L'Industrie Pizzeria in Brooklyn, NY — $2.9M (2026) · purchase · All Other Professional, Scientific, and Technical Services
  • Peakside LLC in Bend, OR — $2.6M (2026) · Drinking Places (Alcoholic Beverages)

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Failed deals

10 of First Merchants Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses First Merchants Bank financed

954 businesses on record — the 60 largest by funding. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with First Merchants Bank.

Agent summary

This page summarizes First Merchants Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 1,034 SBA 7(a) loans on record
  • $327K typical deal
  • 135 business-acquisition loans
  • HQ: 200 E Jackson St, Muncie, IN
  • 135 FDIC branch locations
  • FDIC total assets $21.0B

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/first-merchants-bank
API:
https://www.capbench.com/api/public/lenders/first-merchants-bank
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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