Farmers and Merchants Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farmers and Merchants Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 811192 | Car Washes | 6 | $8.5M | $1.4M | 4.2% |
| 811111 | General Automotive Repair | 3 | $313K | $104K | 2.1% |
| 624410 | Child Care Services | 3 | $377K | $126K | 2.1% |
| 522110 | Commercial Banking | 2 | $215K | $108K | 1.4% |
| 115114 | Postharvest Crop Activities (except Cotton Ginning) | 2 | $4.0M | $2.0M | 1.4% |
| 311611 | Animal (except Poultry) Slaughtering | 2 | $577K | $289K | 1.4% |
| 721110 | Hotels (except Casino Hotels) and Motels | 2 | $1.7M | $862K | 1.4% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | $320K | $160K | 1.4% |
| 238990 | All Other Specialty Trade Contractors | 2 | $968K | $484K | 1.4% |
| 324121 | Asphalt Paving Mixture and Block Manufacturing | 2 | $5.0M | $2.5M | 1.4% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 33 | $54.5M | 23.1% |
| Florida (FL) | 6 | $14.8M | 4.2% |
| Alabama (AL) | 28 | $7.9M | 19.6% |
| Nebraska (NE) | 45 | $7.5M | 31.5% |
| Ohio (OH) | 11 | $4.6M | 7.7% |
| Indiana (IN) | 2 | $860K | 1.4% |
| Kansas (KS) | 4 | $506K | 2.8% |
| Oklahoma (OK) | 4 | $362K | 2.8% |
| Mississippi (MS) | 6 | $299K | 4.2% |
| Texas (TX) | 3 | $281K | 2.1% |
| North Carolina (NC) | 1 | $50K | 0.7% |
Why Choose Farmers and Merchants Bank?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 143 SBA loans approved, totaling $91.6M in financing
- ✓Industry Expertise: Specialized focus on Car Washes, General Automotive Repair, Child Care Services
- ✓Competitive Terms: Average interest rate of 6.57% with flexible term lengths averaging 140 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $641K
- ✓Nationwide Reach: Active lending in 11 states, with strong presence in NE, GA, AL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Farmers and Merchants Bank SBA lending
What types of businesses does Farmers and Merchants Bank typically finance?
Farmers and Merchants Bank specializes in SBA 7(a) lending to specific industries including car washes, general automotive repair, child care services, commercial banking. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers and Merchants Bank's typical SBA loan terms?
Farmers and Merchants Bank's SBA 7(a) loans typically feature an average interest rate of 6.57% and average term length of 140 months (approximately 12 years). Loan sizes range from $5K to $5.0M, with an average loan size of $641K.
Do I need a business valuation for a Farmers and Merchants Bank SBA loan?
Yes, Farmers and Merchants Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Farmers and Merchants Bank compare to other SBA lenders?
Farmers and Merchants Bank has originated 143 SBA loans totaling $91.6M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Farmers and Merchants Bank lend in?
Farmers and Merchants Bank provides SBA 7(a) financing with particularly strong presence in NE, GA, AL, OH, FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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