Farmers Bank and Trust
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farmers Bank and Trust
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 484220 | Specialized Freight (except Used Goods) Trucking, Local | 56 | $20.1M | $358K | 14.6% |
| 112111 | Beef Cattle Ranching and Farming | 32 | $4.5M | $142K | 8.3% |
| 213112 | Support Activities for Oil and Gas Operations | 32 | $4.3M | $135K | 8.3% |
| 722513 | Limited-Service Restaurants | 24 | $2.8M | $118K | 6.3% |
| 562111 | Solid Waste Collection | 16 | $1.2M | $76K | 4.2% |
| 488119 | Other Airport Operations | 16 | $1.5M | $94K | 4.2% |
| 236220 | Commercial and Institutional Building Construction | 16 | $3.0M | $188K | 4.2% |
| 111940 | Hay Farming | 16 | $2.3M | $143K | 4.2% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive a | 8 | $1.4M | $169K | 2.1% |
| 621420 | Outpatient Mental Health and Substance Abuse Centers | 8 | $120K | $15K | 2.1% |
Geographic Distribution
SBA lending activity for Farmers Bank and Trust by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kansas (KS) | 368 | $67.8M | 95.8% |
| Texas (TX) | 8 | $8.0M | 2.1% |
| Missouri (MO) | 8 | $4.0M | 2.1% |
Why Choose Farmers Bank and Trust?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 384 SBA loans approved, totaling $79.8M in financing
- ✓Industry Expertise: Specialized focus on Specialized Freight (except Used Goods) Trucking, Local, Beef Cattle Ranching and Farming, Support Activities for Oil and Gas Operations
- ✓Competitive Terms: Average interest rate of 6.09% with flexible term lengths averaging 117 months
- ✓Loan Range: Loan sizes from $15K to $2.0M, with an average of $208K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in KS, TX, 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 Bank and Trust SBA lending
What types of businesses does Farmers Bank and Trust typically finance?
Farmers Bank and Trust specializes in SBA 7(a) lending to specific industries including specialized freight (except used goods) trucking, local, beef cattle ranching and farming, support activities for oil and gas operations, limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers Bank and Trust's typical SBA loan terms?
Farmers Bank and Trust's SBA 7(a) loans typically feature an average interest rate of 6.09% and average term length of 117 months (approximately 10 years). Loan sizes range from $15K to $2.0M, with an average loan size of $208K.
Do I need a business valuation for a Farmers Bank and Trust SBA loan?
Yes, Farmers Bank and Trust 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 Bank and Trust compare to other SBA lenders?
Farmers Bank and Trust has originated 384 SBA loans totaling $79.8M 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 Bank and Trust lend in?
Farmers Bank and Trust provides SBA 7(a) financing with particularly strong presence in KS, TX, 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.
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.
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Professional valuations are often required for SBA loans over $250,000.
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