SBA Lending by First Merchants Bank
SBA records list First Merchants Bank as an active SBA 7(a) lender record, ranked #97 nationally by all-time volume, with 2,197 7(a) records worth $1.3B.
- 2,197
- 7(a) records listed
- $1.3B
- Approved dollars
- $575,873
- Average loan size
- #97
- Rank, all-time volume
- #51
- Rank, volume since 2020
- 0.3%
- Share of U.S. 7(a) since 2020
- +13%
- Annualized vs prior decade
- 3.2%
- Active-status distress
- 43%
- PLP processing
Between 1991 and mid-2026, the SBA FOIA record lists 2,197 7(a) loans worth $1.3B under First Merchants Bank, at an average of $575,873 per loan. That places it #97 among U.S. lender records by volume. About 43% show Preferred Lender (PLP) processing. Among 681 active-status loans, 3.2% are delinquent, past due, or in liquidation.
Where First Merchants Bank lends most
What First Merchants Bank funds most
Compare every lender, drill any state to the zip level, and shade the map by volume, growth, or distress.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here. Methodology.