SF SourceFunding
Lender profile

First Merchants Bank

Indianapolis, IN lender activity from SBA current-month reports plus franchise-brand history from loan-level SBA FOIA data.

88

Current FY approved loans

$96M

Current FY approved dollars

$73M

SBA guaranty dollars

Project states with activity

  • NY: 7 loans, $15M
  • GA: 4 loans, $11M
  • KY: 3 loans, $8M
  • MT: 1 loans, $704,000

Franchise systems in FOIA history

  • Crumbl: 11 loans, $6M
  • Scooter's Coffee: 7 loans, $11M
  • Goldfish Swim School: 6 loans, $11M
  • Pizza Ranch: 4 loans, $11M
  • Degree Wellness: 4 loans, $3M
  • Creative World School: 4 loans, $5M
  • The UPS Store: 3 loans, $2M
  • Pearle Vision: 3 loans, $3M
  • Jersey Mike's: 3 loans, $2M
  • Chrysler - Sales and Service Agreement: 3 loans, $3M

How to interpret this lender profile

Current SBA volume shows activity, not automatic fit. For a borrower, the next question is whether First Merchants Bank has activity in the project state, the expected loan-size range, and the relevant franchise or business category.

Why the biggest SBA lender is not always the best match

Use this in a funding search

If First Merchants Bank appears relevant, compare this profile against the state rankings and any brand-specific lender history before applying.

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