Farmers and Merchants Savings Bank
10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 10
- Total approved
- $6.5M
- Median loan
- $145K
- Middle half of loans
- $106K to $1.3M
- Median starting rate
- 9.50%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 7 industries and 2 states and territories. The largest industry by count was Shoe Retailers (3 of 10 approvals). Minnesota had the highest count among recorded project locations (6).
The median approved loan was $145K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Shoe Retailers | 3 | 30% | $1.4M | $3.2M |
| 2 | Advertising Agencies | 2 | 20% | $78K | $156K |
| 3 | Landscaping Services | 1 | 10% | $1.9M | $1.9M |
| 4 | Used Household and Office Goods Moving | 1 | 10% | $965K | $965K |
| 5 | Other Construction Material Merchant Wholesalers | 1 | 10% | $150K | $150K |
| 6 | Book Retailers and News Dealers | 1 | 10% | $140K | $140K |
| 7 | Carpet and Upholstery Cleaning Services | 1 | 10% | $47K | $47K |