The Farmers Bank, Frankfort, Indiana
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Farmers Bank, Frankfort, Indiana · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 11 | $7.7M | $698K | 5.4% |
| 339950 | Sign Manufacturing | 10 | $4.4M | $439K | 5.0% |
| 722511 | Full-Service Restaurants | 9 | $4.8M | $532K | 4.5% |
| 561720 | Janitorial Services | 8 | $5.6M | $704K | 4.0% |
| 332322 | Sheet Metal Work Manufacturing | 8 | $1.6M | $204K | 4.0% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 8 | $1.2M | $146K | 4.0% |
| 722320 | Caterers | 5 | $609K | $122K | 2.5% |
| 237310 | Highway, Street, and Bridge Construction | 3 | $500K | $167K | 1.5% |
| 812112 | Beauty Salons | 3 | $443K | $148K | 1.5% |
| 541990 | All Other Professional, Scientific, and Technical Services | 3 | $351K | $117K | 1.5% |
Geographic Distribution
SBA lending activity for The Farmers Bank, Frankfort, Indiana by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 195 | $61.2M | 96.5% |
| Florida (FL) | 5 | $2.4M | 2.5% |
| Arizona (AZ) | 1 | $644K | 0.5% |
| Illinois (IL) | 1 | $320K | 0.5% |
Why Choose The Farmers Bank, Frankfort, Indiana?
Based on SBA 7(a) lending track record from 1994-2025
- ✓Proven Track Record: 202 SBA loans approved, totaling $64.5M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Sign Manufacturing, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 6.22% with flexible term lengths averaging 107 months
- ✓Loan Range: Loan sizes from $8K to $4.0M, with an average of $319K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in IN, FL, IL
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 The Farmers Bank, Frankfort, Indiana SBA lending
What types of businesses does The Farmers Bank, Frankfort, Indiana typically finance?
The Farmers Bank, Frankfort, Indiana specializes in SBA 7(a) lending to specific industries including landscaping services, sign manufacturing, full-service restaurants, janitorial services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Farmers Bank, Frankfort, Indiana's typical SBA loan terms?
The Farmers Bank, Frankfort, Indiana's SBA 7(a) loans typically feature an average interest rate of 6.22% and average term length of 107 months (approximately 9 years). Loan sizes range from $8K to $4.0M, with an average loan size of $319K.
Do I need a business valuation for a The Farmers Bank, Frankfort, Indiana SBA loan?
Yes, The Farmers Bank, Frankfort, Indiana 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 The Farmers Bank, Frankfort, Indiana compare to other SBA lenders?
The Farmers Bank, Frankfort, Indiana has originated 202 SBA loans totaling $64.5M since 1994. 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 The Farmers Bank, Frankfort, Indiana lend in?
The Farmers Bank, Frankfort, Indiana provides SBA 7(a) financing with particularly strong presence in IN, FL, IL, AZ. 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.
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