Farmers and Merchants Bank of St. Clair
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farmers and Merchants Bank of St. Clair · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484110 | General Freight Trucking, Local | 16 | $2.6M | $160K | 7.6% |
| 811111 | General Automotive Repair | 11 | $1.8M | $162K | 5.2% |
| 722511 | Full-Service Restaurants | 9 | $2.2M | $247K | 4.3% |
| 484121 | General Freight Trucking, Long-Distance, Truckload | 9 | $389K | $43K | 4.3% |
| 561730 | Landscaping Services | 8 | $342K | $43K | 3.8% |
| 238910 | Site Preparation Contractors | 6 | $386K | $64K | 2.8% |
| 722513 | Limited-Service Restaurants | 6 | $548K | $91K | 2.8% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 5 | $544K | $109K | 2.4% |
| 621310 | Offices of Chiropractors | 5 | $230K | $46K | 2.4% |
| 326140 | Polystyrene Foam Product Manufacturing | 4 | $591K | $148K | 1.9% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Bank of St. Clair by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 209 | $39.7M | 99.1% |
| Oregon (OR) | 1 | $72K | 0.5% |
| Florida (FL) | 1 | $12K | 0.5% |
Why Choose Farmers and Merchants Bank of St. Clair?
Based on SBA 7(a) lending track record from 1991-2023
- ✓Proven Track Record: 211 SBA loans approved, totaling $39.7M in financing
- ✓Industry Expertise: Specialized focus on General Freight Trucking, Local, General Automotive Repair, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.26% with flexible term lengths averaging 103 months
- ✓Loan Range: Loan sizes from $5K to $2.3M, with an average of $188K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in MO, OR, FL
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 St. Clair SBA lending
What types of businesses does Farmers and Merchants Bank of St. Clair typically finance?
Farmers and Merchants Bank of St. Clair specializes in SBA 7(a) lending to specific industries including general freight trucking, local, general automotive repair, full-service restaurants, general freight trucking, long-distance, truckload. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers and Merchants Bank of St. Clair's typical SBA loan terms?
Farmers and Merchants Bank of St. Clair's SBA 7(a) loans typically feature an average interest rate of 6.26% and average term length of 103 months (approximately 9 years). Loan sizes range from $5K to $2.3M, with an average loan size of $188K.
Do I need a business valuation for a Farmers and Merchants Bank of St. Clair SBA loan?
Yes, Farmers and Merchants Bank of St. Clair 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 St. Clair compare to other SBA lenders?
Farmers and Merchants Bank of St. Clair has originated 211 SBA loans totaling $39.7M 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 of St. Clair lend in?
Farmers and Merchants Bank of St. Clair provides SBA 7(a) financing with particularly strong presence in MO, OR, 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.
Get your certified valuation from Fair Market Value.