Farmers & Merchants Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Farmers & Merchants Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 24 | $4.0M | $168K | 12.5% |
| 722513 | Limited-Service Restaurants | 24 | $5.7M | $236K | 12.5% |
| 238990 | All Other Specialty Trade Contractors | 16 | $16.7M | $1.0M | 8.3% |
| 441120 | Used Car Dealers | 16 | $1.2M | $75K | 8.3% |
| 444130 | Hardware Stores | 8 | $2.2M | $275K | 4.2% |
| 111421 | Nursery and Tree Production | 8 | $1.2M | $145K | 4.2% |
| 611511 | Cosmetology and Barber Schools | 8 | $3.2M | $400K | 4.2% |
| 561730 | Landscaping Services | 8 | $1.1M | $135K | 4.2% |
| 812990 | All Other Personal Services | 8 | $5.9M | $739K | 4.2% |
| 611699 | All Other Miscellaneous Schools and Instruction | 8 | $600K | $75K | 4.2% |
Geographic Distribution
SBA lending activity for Farmers & Merchants Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 48 | $29.8M | 25.0% |
| Virginia (VA) | 136 | $24.7M | 70.8% |
| Ohio (OH) | 8 | $14.4M | 4.2% |
Why Choose Farmers & Merchants Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 192 SBA loans approved, totaling $68.9M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Limited-Service Restaurants, All Other Specialty Trade Contractors
- ✓Competitive Terms: Average interest rate of 6.97% with flexible term lengths averaging 116 months
- ✓Loan Range: Loan sizes from $50K to $1.8M, with an average of $359K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in VA, MD, OH
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 & Merchants Bank SBA lending
What types of businesses does Farmers & Merchants Bank typically finance?
Farmers & Merchants Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, limited-service restaurants, all other specialty trade contractors, used car dealers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Farmers & Merchants Bank's typical SBA loan terms?
Farmers & Merchants Bank's SBA 7(a) loans typically feature an average interest rate of 6.97% and average term length of 116 months (approximately 10 years). Loan sizes range from $50K to $1.8M, with an average loan size of $359K.
Do I need a business valuation for a Farmers & Merchants Bank SBA loan?
Yes, Farmers & Merchants 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 & Merchants Bank compare to other SBA lenders?
Farmers & Merchants Bank has originated 192 SBA loans totaling $68.9M 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 & Merchants Bank lend in?
Farmers & Merchants Bank provides SBA 7(a) financing with particularly strong presence in VA, MD, OH. 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?
Professional valuations are often required for SBA loans over $250,000.
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