First Merchants Bank
Based in IN1,905 SBA loans totaling $737.9M.
Total Loans
1,905
1992–2025
Total Volume
$737.9M
Gross approval amount
Avg Loan Size
$387K
Median: $175K
Avg Interest Rate
6.71%
Default Rate
6.4%
States Served
19
First Merchants Bank — Annual Lending Volume
First Merchants Bank — Annual Lending Volume from 1992 to 2025
First Merchants Bank — Annual Loan Count
First Merchants Bank — Annual Loan Count from 1992 to 2025
Where They Lend
Where They Lend with 15 categories
What They Lend For
What They Lend For with 10 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Loan Outcomes
Loan Outcomes showing Active: 22.5%, Paid in Full: 58.4%, Charged Off: 5.5%, Cancelled: 12.9%, Committed: 0.7%
Active22.5%
Paid in Full58.4%
Charged Off5.5%
Cancelled12.9%
Committed0.7%
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