GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
174
2010–2025
Total Volume
$67M
Gross loan amounts
States Active
10
With recorded loans
Programs
7(a) & 504
174 total segments
Farmers & Merchants Bank has a notable 29% share of 504 loans, which is significantly higher than the national average of around 18%. This indicates a strong capability in financing real estate and larger projects, making them a good fit for borrowers looking for 504 loans.
The average deal size at Farmers & Merchants Bank is $383,341, with a majority of their deals (89) falling in the $0-$150K range. If you're seeking a larger loan, particularly over $1M, you may find fewer options here, as only 9 deals were in that band.
Despite a diverse industry focus, with strong activity in Restaurants & Food Service and Manufacturing, Farmers & Merchants Bank has seen a -9% decline in SBA deal volume year-over-year. This trend may affect their willingness to lend, so be prepared for potentially stricter approval processes.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 50 504 loans, which use fixed SBA debenture rates.
States where Farmers & Merchants Bank has recorded SBA lending activity.
+ 5 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Auto Repair & Maintenance
Other Services
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
Education
Education
+ 7 more
All recorded SBA lending activity for Farmers & Merchants Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Virginia · Manufacturing · Under $150K | 7(a) | 10 | P+2.50% | $50K | Q4 2016 |
| Virginia · Restaurants & Food Service · Under $150K | 7(a) | 9 | P+2.54% | $71K | Q3 2022 |
| Virginia · Administrative & Waste Services · Under $150K | 7(a) | 8 | P+2.87% | $92K | Q2 2021 |
| Virginia · Wholesale Trade · Under $150K | 7(a) | 5 | P+2.50% | $65K | Q1 2014 |
| Ohio · Restaurants & Food Service · $500K – $1M | 504 | 4 | — | $746K | Q3 2023 |
| Virginia · Education · Under $150K | 7(a) | 4 | P+3.07% | $46K | Q2 2023 |
| Virginia · Manufacturing · $150K – $350K | 7(a) | 4 | P+1.25% | $282K | Q1 2016 |
| Ohio · Restaurants & Food Service · $150K – $350K | 504 | 4 | — | $197K | Q4 2023 |
| Virginia · Sporting Goods & Hobby · Under $150K | 7(a) | 4 | P+2.63% | $45K | Q4 2012 |
| Virginia · General Merchandise · Under $150K | 7(a) | 3 | P+2.50% | $42K | Q1 2011 |
| Ohio · Manufacturing · $150K – $350K | 504 | 3 | — | $329K | Q4 2021 |
| Virginia · Auto Repair & Maintenance · Under $150K | 7(a) | 3 | P+3.25% | $40K | Q4 2012 |
| Wisconsin · Transportation & Warehousing · Under $150K | 7(a) | 3 | P+4.50% | $42K | Q2 2011 |
| Maryland · Restaurants & Food Service · $1M – $2M | 7(a) | 2 | P+2.63% | $1.4M | Q4 2018 |
| Maryland · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+2.50% | $225K | Q4 2024 |
| Virginia · Other Health Practitioners · Under $150K | 7(a) | 2 | P+3.22% | $58K | Q3 2010 |
| Virginia · Real Estate · $150K – $350K | 7(a) | 2 | P+2.00% | $200K | Q1 2017 |
| Virginia · Retail Trade · Under $150K | 7(a) | 2 | P+2.50% | $63K | Q2 2016 |
| Virginia · Retail Trade · $150K – $350K | 7(a) | 2 | P+2.63% | $260K | Q3 2020 |
| Virginia · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+2.38% | $85K | Q4 2014 |
| Virginia · Information & Media · Under $150K | 7(a) | 2 | P+2.05% | $68K | Q3 2017 |
| Virginia · Auto Dealers & Parts · Under $150K | 7(a) | 2 | P+3.00% | $75K | Q1 2023 |
| Virginia · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+2.50% | $103K | Q2 2018 |
| Virginia · Gas Stations · Under $150K | 7(a) | 2 | P+2.13% | $125K | Q3 2021 |
| Virginia · Agriculture & Forestry · Under $150K | 7(a) | 2 | P+2.77% | $83K | Q2 2022 |
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