Merchants Bank of Indiana is an SBA bank based in Carmel, IN that has only issued 6 SBA loans so far this year (all in Indiana), which explains the banks low SBALenders.com ranking of 501+. This bank may suitable if you already have an account at Merchants Bank of Indiana but if not we would recommend looking for another SBA bank that has much more SBA loan activity.

794

6.50%

5.75%

7.00%

6

$1,363,500

$227,250

$75,000

$475,000

24

300

Posted in Indiana and Local SBA Lenders

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