Mechanics and Farmers Bank
27 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 27
- Total approved
- $14.2M
- Median loan
- $296K
- Middle half of loans
- $213K to $466K
- Median starting rate
- 10.50%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Portfolio read
Where the approvals cluster
The SBA file shows approvals across 23 industries and 9 states and territories. The largest industry by count was Snack and Nonalcoholic Beverage Bars (3 of 27 approvals). North Carolina had the highest count among recorded project locations (8).
The median approved loan was $296K 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.
Read the five-lender comparison ↗Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Snack and Nonalcoholic Beverage Bars | 3 | 11% | $210K | $759K |
| 2 | General Automotive Repair | 2 | 7% | $387K | $774K |
| 3 | Limited-Service Restaurants | 2 | 7% | $330K | $660K |
| 4 | General Freight Trucking, Local | 1 | 4% | $4.0M | $4.0M |
| 5 | Other Computer Related Services | 1 | 4% | $1.5M | $1.5M |
| 6 | Furniture Merchant Wholesalers | 1 | 4% | $880K | $880K |
| 7 | Sign Manufacturing | 1 | 4% | $800K | $800K |
| 8 | All Other Support Services | 1 | 4% | $734K | $734K |
| 9 | Pet Care (except Veterinary) Services | 1 | 4% | $471K | $471K |
| 10 | Offices of Certified Public Accountants | 1 | 4% | $446K | $446K |
| 11 | Child Care Services | 1 | 4% | $375K | $375K |
| 12 | Baked Goods Retailers | 1 | 4% | $353K | $353K |
| 13 | Beauty Salons | 1 | 4% | $298K | $298K |
| 14 | Flooring Contractors | 1 | 4% | $296K | $296K |
| 15 | Postal Service | 1 | 4% | $242K | $242K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | North Carolina | 8 | 30% | $258K | $2.9M |
| 2 | Florida | 6 | 22% | $213K | $1.3M |
| 3 | Georgia | 3 | 11% | $1.5M | $6.0M |
| 4 | Virginia | 3 | 11% | $339K | $896K |
| 5 | Kentucky | 2 | 7% | $767K | $1.5M |
| 6 | Illinois | 2 | 7% | $336K | $671K |
| 7 | South Carolina | 1 | 4% | $500K | $500K |
| 8 | Pennsylvania | 1 | 4% | $236K | $236K |
| 9 | Tennessee | 1 | 4% | $216K | $216K |