STRONG
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.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
522
2010–2026
Total Volume
$146M
Gross loan amounts
States Active
17
With recorded loans
Programs
7(a) & 504
522 total segments
Farmers State Bank has a strong focus on smaller loans, with 59% of their deals under $150K. If you're seeking a larger loan, this may not be the best fit.
With a 14% share of 504 loans, Farmers State Bank offers a balanced mix of financing options. This can be beneficial if you're considering real estate investments.
The bank's year-over-year growth trend shows a decline of 39%, indicating potential challenges in their lending capacity. This could affect approval rates for new borrowers.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 75 504 loans, which use fixed SBA debenture rates.
Top 15 of 17 states where Farmers State Bank has recorded SBA lending activity.
+ 10 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
Retail Trade
Retail Trade
Transportation & Warehousing
Transportation & Warehousing
Administrative & Waste Services
Administrative & Waste Services
Personal Care (Salons, Spas)
Other Services
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Farmers State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Iowa · Restaurants & Food Service · Under $150K | 7(a) | 29 | P+1.75% | $92K | Q1 2025 |
| Iowa · Specialty Trade Contractors · Under $150K | 7(a) | 24 | P+1.50% | $74K | Q2 2024 |
| Iowa · Manufacturing · Under $150K | 7(a) | 21 | P+2.00% | $83K | Q3 2023 |
| Iowa · Transportation & Warehousing · Under $150K | 7(a) | 20 | P+2.74% | $71K | Q4 2022 |
| Iowa · Restaurants & Food Service · $150K – $350K | 7(a) | 20 | P+1.72% | $230K | Q2 2025 |
| Iowa · Personal Care (Salons, Spas) · Under $150K | 7(a) | 19 | P+2.50% | $86K | Q1 2025 |
| Iowa · Building Construction · Under $150K | 7(a) | 15 | P+1.79% | $71K | Q1 2024 |
| Iowa · Administrative & Waste Services · Under $150K | 7(a) | 15 | P+2.25% | $67K | Q4 2025 |
| Iowa · Other Health Practitioners · Under $150K | 7(a) | 14 | P+2.38% | $74K | Q4 2024 |
| Iowa · Retail Trade · Under $150K | 7(a) | 13 | P+2.25% | $75K | Q1 2024 |
| Iowa · Manufacturing · $150K – $350K | 7(a) | 10 | P+1.70% | $229K | Q2 2022 |
| Iowa · Other Repair & Services · Under $150K | 7(a) | 9 | P+2.00% | $73K | Q3 2025 |
| Iowa · Arts, Entertainment & Recreation · Under $150K | 7(a) | 8 | P+2.25% | $99K | Q1 2025 |
| Iowa · Social Assistance · Under $150K | 7(a) | 7 | P+2.75% | $83K | Q4 2017 |
| Iowa · Physician & Dental Offices · Under $150K | 7(a) | 6 | P+2.50% | $85K | Q3 2023 |
| Iowa · Engineering & Architecture · Under $150K | 7(a) | 5 | P+2.49% | $113K | Q2 2024 |
| Iowa · Retail Trade · $150K – $350K | 7(a) | 5 | P+2.13% | $253K | Q2 2021 |
| Iowa · Auto Repair & Maintenance · $150K – $350K | 7(a) | 5 | P+1.00% | $255K | Q1 2025 |
| Iowa · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+2.10% | $97K | Q3 2021 |
| Iowa · Education · Under $150K | 7(a) | 5 | P+2.25% | $60K | Q2 2023 |
| Iowa · Specialty Trade Contractors · $500K – $1M | 7(a) | 4 | P+2.15% | $811K | Q3 2020 |
| Iowa · Other Health Practitioners · $150K – $350K | 7(a) | 4 | P+2.45% | $254K | Q2 2022 |
| Iowa · Miscellaneous Retail · Under $150K | 7(a) | 4 | P+2.38% | $124K | Q3 2025 |
| Iowa · Food & Beverage Stores · Under $150K | 7(a) | 4 | P+2.58% | $91K | Q3 2021 |
| Iowa · Real Estate · Under $150K | 7(a) | 4 | P+2.13% | $78K | Q3 2021 |
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