Farmers and Merchants Bank of St. Clair
SBA 7(a) Lending Profile · FY 2023 analysis
Industry Focus
Top industries served by Farmers and Merchants Bank of St. Clair
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 32 | $7.6M | $237K | 19.0% |
| 238910 | Site Preparation Contractors | 32 | $2.2M | $69K | 19.0% |
| 722513 | Limited-Service Restaurants | 24 | $736K | $31K | 14.3% |
| 326140 | Polystyrene Foam Product Manufacturing | 16 | $2.3M | $146K | 9.5% |
| 484110 | General Freight Trucking, Local | 16 | $2.6M | $164K | 9.5% |
| 454390 | Other Direct Selling Establishments | 8 | $92K | $12K | 4.8% |
| 441228 | Motorcycle, ATV, and All Other Motor Vehicle Dealers | 8 | $18.4M | $2.3M | 4.8% |
| 541810 | Advertising Agencies | 8 | $7.8M | $975K | 4.8% |
| 336612 | Boat Building | 8 | $2.6M | $325K | 4.8% |
| 453220 | Gift, Novelty, and Souvenir Stores | 8 | $240K | $30K | 4.8% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Bank of St. Clair by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Missouri (MO) | 168 | $45.4M | 100.0% |
Why Choose Farmers and Merchants Bank of St. Clair?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 168 SBA loans approved, totaling $45.4M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Site Preparation Contractors, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 5.94% with flexible term lengths averaging 117 months
- ✓Loan Range: Loan sizes from $10K to $2.3M, with an average of $270K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in MO
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 full-service restaurants, site preparation contractors, limited-service restaurants, polystyrene foam product manufacturing. 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 5.94% and average term length of 117 months (approximately 10 years). Loan sizes range from $10K to $2.3M, with an average loan size of $270K.
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 168 SBA loans totaling $45.4M 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 St. Clair lend in?
Farmers and Merchants Bank of St. Clair provides SBA 7(a) financing with particularly strong presence in MO. 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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