Farmers and Merchants Bank of Ashland
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Farmers and Merchants Bank of Ashland
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 8 | $1.1M | $139K | 100.0% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Bank of Ashland by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Nebraska (NE) | 8 | $1.1M | 100.0% |
Why Choose Farmers and Merchants Bank of Ashland?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.1M in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.05% with flexible term lengths averaging 300 months
- ✓Loan Range: Loan sizes from $139K to $139K, with an average of $139K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in NE
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 of Ashland SBA lending
What types of businesses does Farmers and Merchants Bank of Ashland typically finance?
Farmers and Merchants Bank of Ashland specializes in SBA 7(a) lending to specific industries including limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers and Merchants Bank of Ashland's typical SBA loan terms?
Farmers and Merchants Bank of Ashland's SBA 7(a) loans typically feature an average interest rate of 6.05% and average term length of 300 months (approximately 25 years). Loan sizes range from $139K to $139K, with an average loan size of $139K.
Do I need a business valuation for a Farmers and Merchants Bank of Ashland SBA loan?
Yes, Farmers and Merchants Bank of Ashland 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 of Ashland compare to other SBA lenders?
Farmers and Merchants Bank of Ashland has originated 8 SBA loans totaling $1.1M since 2020. 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 of Ashland lend in?
Farmers and Merchants Bank of Ashland provides SBA 7(a) financing with particularly strong presence in NE. 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.
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Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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