Farmers and Merchants Union Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farmers and Merchants Union Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 5 | $530K | $106K | 9.8% |
| 561422 | Telemarketing Bureaus and Other Contact Centers | 3 | $650K | $217K | 5.9% |
| 811198 | All Other Automotive Repair and Maintenance | 3 | $531K | $177K | 5.9% |
| 238110 | Poured Concrete Foundation and Structure Contractors | 3 | $200K | $67K | 5.9% |
| 722511 | Full-Service Restaurants | 3 | $155K | $52K | 5.9% |
| 713930 | Marinas | 2 | $350K | $175K | 3.9% |
| 541211 | Offices of Certified Public Accountants | 2 | $270K | $135K | 3.9% |
| 722513 | Limited-Service Restaurants | 2 | $228K | $114K | 3.9% |
| 812990 | All Other Personal Services | 1 | $65K | $65K | 2.0% |
| 332710 | Machine Shops | 1 | $185K | $185K | 2.0% |
Geographic Distribution
SBA lending activity for Farmers and Merchants Union Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 51 | $8.3M | 100.0% |
Why Choose Farmers and Merchants Union Bank?
Based on SBA 7(a) lending track record from 1997-2020
- ✓Proven Track Record: 51 SBA loans approved, totaling $8.3M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Telemarketing Bureaus and Other Contact Centers, All Other Automotive Repair and Maintenance
- ✓Competitive Terms: Average interest rate of 5.89% with flexible term lengths averaging 106 months
- ✓Loan Range: Loan sizes from $24K to $1.2M, with an average of $163K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in WI
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 Union Bank SBA lending
What types of businesses does Farmers and Merchants Union Bank typically finance?
Farmers and Merchants Union Bank specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), telemarketing bureaus and other contact centers, all other automotive repair and maintenance, poured concrete foundation and structure contractors. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers and Merchants Union Bank's typical SBA loan terms?
Farmers and Merchants Union Bank's SBA 7(a) loans typically feature an average interest rate of 5.89% and average term length of 106 months (approximately 9 years). Loan sizes range from $24K to $1.2M, with an average loan size of $163K.
Do I need a business valuation for a Farmers and Merchants Union Bank SBA loan?
Yes, Farmers and Merchants Union 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 Union Bank compare to other SBA lenders?
Farmers and Merchants Union Bank has originated 51 SBA loans totaling $8.3M since 1997. 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 Union Bank lend in?
Farmers and Merchants Union Bank provides SBA 7(a) financing with particularly strong presence in WI. 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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