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SBA lender · 7(a) program
Farmers & Merchants Bank & Trust
Farmers & Merchants Bank & Trust has approved 35 SBA loans worth $15.4M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
-
<0.01% of all SBA dollars
Total approved
$15.4M
FY2010 onward
Loans
35
Median loan
$191,000
+6% vs national
Median rate
6.00%
-0.75 pts vs national
Charge-off rate
-
Cohort too small
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Farmers & Merchants Bank & Trust’s numbers say
Farmers & Merchants Bank & Trust sits in the long tail of the SBA lending field, having approved 35 loans for a gross total of $15.4M since fiscal 2010. Its median loan of $191,000 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 6.00%, 0.75 points below the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Roughly 26% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally.
Where Farmers & Merchants Bank & Trust lends
| State | Loans | Share |
|---|---|---|
| Wisconsin | 29 | |
| Michigan | 5 | |
| California | 1 |
What it lends against
Franchise brands Farmers & Merchants Bank & Trust financed
| Franchise brand | Loans | Approved | Share |
|---|---|---|---|
| Dickey's Barbeque | 1 | $75K | |
| Days Inn | 1 | $1.8M | |
| Polaris | 1 | $3.6M |
Brands with the most Farmers & Merchants Bank & Trust SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.
Farmers & Merchants Bank & Trust made 18 of these loans under the SBA Express programme, median $67,500. Compare SBA Express lenders.
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
A different SBA 7(a) lender
SmartBiz is a separate company from Farmers & Merchants Bank & Trust. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.
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Questions about Farmers & Merchants Bank & Trust
- How many SBA loans has Farmers & Merchants Bank & Trust approved?
- Farmers & Merchants Bank & Trust has approved 35 SBA loans totalling $15,394,200 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical Farmers & Merchants Bank & Trust SBA loan size?
- The median gross approval is $191,000, with the middle 80% of loans falling between $30,000 and $890,000. The national median across all SBA lenders is $180,000.
- What interest rate does Farmers & Merchants Bank & Trust charge on SBA 7(a) loans?
- The median initial note rate on Farmers & Merchants Bank & Trust's 7(a) approvals is 6.00%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
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