Farmers and Merchants Bank of Mound City, Kansas
SBA 7(a) Lending Profile · FY 2020 analysis
Industry Focus
Top industries served by Farmers and Merchants Bank of Mound City, Kansas
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 562991 | Septic Tank and Related Services | 16 | $582K | $36K | 22.2% |
| 812199 | Other Personal Care Services | 8 | $240K | $30K | 11.1% |
| 541320 | Landscape Architectural Services | 8 | $968K | $121K | 11.1% |
| 445310 | Beer, Wine, and Liquor Stores | 8 | $1.5M | $190K | 11.1% |
| 484230 | Specialized Freight (except Used Goods) Trucking, Long-Distance | 8 | $800K | $100K | 11.1% |
| 484110 | General Freight Trucking, Local | 8 | $200K | $25K | 11.1% |
| 811111 | General Automotive Repair | 8 | $520K | $65K | 11.1% |
| 562111 | Solid Waste Collection | 8 | $1.9M | $240K | 11.1% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Bank of Mound City, Kansas by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 72 | $6.8M | 100.0% |
Why Choose Farmers and Merchants Bank of Mound City, Kansas?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 72 SBA loans approved, totaling $6.8M in financing
- ✓Industry Expertise: Specialized focus on Septic Tank and Related Services, Other Personal Care Services, Landscape Architectural Services
- ✓Competitive Terms: Average interest rate of 6.52% with flexible term lengths averaging 93 months
- ✓Loan Range: Loan sizes from $16K to $240K, with an average of $94K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KS
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 Mound City, Kansas SBA lending
What types of businesses does Farmers and Merchants Bank of Mound City, Kansas typically finance?
Farmers and Merchants Bank of Mound City, Kansas specializes in SBA 7(a) lending to specific industries including septic tank and related services, other personal care services, landscape architectural services, beer, wine, and liquor stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers and Merchants Bank of Mound City, Kansas's typical SBA loan terms?
Farmers and Merchants Bank of Mound City, Kansas's SBA 7(a) loans typically feature an average interest rate of 6.52% and average term length of 93 months (approximately 8 years). Loan sizes range from $16K to $240K, with an average loan size of $94K.
Do I need a business valuation for a Farmers and Merchants Bank of Mound City, Kansas SBA loan?
Yes, Farmers and Merchants Bank of Mound City, Kansas 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 Mound City, Kansas compare to other SBA lenders?
Farmers and Merchants Bank of Mound City, Kansas has originated 72 SBA loans totaling $6.8M 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 Mound City, Kansas lend in?
Farmers and Merchants Bank of Mound City, Kansas provides SBA 7(a) financing with particularly strong presence in KS. 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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