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Merchants Bank of Indiana — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Merchants Bank Of Indiana.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
499
2010 – 2025
Approved $
$543.8M
across all programs
Avg loan size
$1.1M
median $675K
Top industry
Gasoline Stations with Convenience Stores
41 loans · 8%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
499
Approved
$543.8M
Avg size
$1.1M
Range
$20K – $5.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Gasoline Stations with Convenience Stores
41
Limited-Service Restaurants
35
Private Mail Centers
29
Hotels (except Casino Hotels) and Motels
24
Full-Service Restaurants
20
All Other Specialty Trade Contractors
14
Loan records · Merchants Bank of Indiana
499 records
Sort:
Veerlakshmi LLC
Enid, OK · 73701
$5,000,000
7(a)
Merchants Bank of Indiana$161K/job · 2021-04-13
MANASVI HOSPITALITY LLC
Schaumburg, IL · 60173
$5,000,000
7(a)
Merchants Bank of Indiana$333K/job · 2025-09-25
OAKBROOK EVENTS, LLC
Oak Brook, IL · 60523
$5,000,000
7(a)
Merchants Bank of Indiana$833K/job · 2025-05-05
Japenga Furnishings Inc.
Coralville, IA · 52241
$5,000,000
7(a)
Merchants Bank of Indiana$313K/job · 2026-01-16
ZDD ENTERPRISES, LLC
Oak Lawn, IL · 60453
$4,987,800
7(a)
Merchants Bank of Indiana$100K/job · 2022-12-15
1950 Elston LLC
Chicago, IL · 60614
$4,912,500
7(a)
Merchants Bank of Indiana$273K/job · 2021-09-30
AAA CG Travel Center, Inc.
Cedar Grove, WI · 53013
$4,769,800
7(a)
Merchants Bank of Indiana$238K/job · 2025-01-29
Bozell APW Enterprises, Inc.
Anderson, IN · 46013
$4,664,000
7(a)
Merchants Bank of Indiana$274K/job · 2024-05-29
MAHAVIRA HOSPITALITY LLC
Corinth, TX · 76210
$4,640,600
7(a)
Merchants Bank of Indiana$357K/job · 2022-01-24
HIEX CHICKASHA LLC
Chickasha, OK · 73018
$4,490,800
7(a)
Merchants Bank of Indiana$321K/job · 2025-03-26
Arizona Jr/Sr High School Corporation
Camp Verde, AZ · 86322
$4,395,400
7(a)
Merchants Bank of Indiana$129K/job · 2024-12-23
DANELI CORP.
Greenfield, IN · 46140
$4,360,000
7(a)
Merchants Bank of Indiana$273K/job · 2021-03-25
FAIRVIEW ROOFTOP, LLC
Park Ridge, IL · 60068
$4,223,600
7(a)
Merchants Bank of Indiana$2.1M/job · 2025-07-16
DF Seeds, LLC
Saint Johns, MI · 48879
$4,163,200
7(a)
Merchants Bank of Indiana$520K/job · 2025-07-28
Coit Road Montessori LLC
Frisco, TX · 75035
$4,153,900
7(a)
Merchants Bank of Indiana$83K/job · 2025-05-22
Kinney Group, Inc.
Indianapolis, IN · 46222
$4,075,000
7(a)
Merchants Bank of Indiana$52K/job · 2019-12-19
RBR Hospitality Inc.
Oak Creek, WI · 53154
$4,001,900
7(a)
Merchants Bank of Indiana$154K/job · 2025-07-18
Bear Stewart LLC
Chicago, IL · 60622
$3,903,500
7(a)
Merchants Bank of Indiana$126K/job · 2024-01-31
Bear Stewart LLC
Chicago, IL · 60622
$3,903,500
7(a)
Merchants Bank of Indiana$126K/job · 2024-01-21
De Pere Holdings LLC
De Pere, WI · 54115
$3,897,500
7(a)
Merchants Bank of Indiana$1.3M/job · 2021-09-15
RRA ENTERPRISES, LLC
Chicago, IL · 60656
$3,814,800
7(a)
Merchants Bank of Indiana$166K/job · 2023-05-19
RBS HOSPITALITY INC.
Mount Pleasant, WI · 53406
$3,772,400
7(a)
Merchants Bank of Indiana$251K/job · 2025-09-23
Main Street Storage FW, LLC
Fort Wayne, IN · 46808
$3,733,000
7(a)
Merchants Bank of Indiana$933K/job · 2020-09-04
K & D Wiring, Inc.
Greenfield, IN · 46140
$3,700,000
7(a)
Merchants Bank of Indiana$79K/job · 2025-12-11
KCR HOSPITALITY, LLC
Bardstown, KY · 40004
$3,680,000
7(a)
Merchants Bank of Indiana$86K/job · 2021-08-10
1–25 of 499
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Where Merchants Bank of Indiana lends

APPROVAL CONCENTRATION
TOP STATES
IN
174
IL
109
TX
42
FL
29
OH
18