SBA lender profile
Farmers and Merchants Bank
Farmers and Merchants Bank appears in the public SBA loan data with 20 funded 7(a) loans totaling $44.1M, an average of $2.2M per loan, and an estimated 432 jobs supported. Its SBA lending concentrates in Georgia and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
20
Total volume
$44.1M
Average loan size
$2.2M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
432
Programs
7(a)
Bank profile
via FDIC- Total assets
- $157M
- Headquarters
- Huron, SD
- FDIC cert
- #1126
- Status
- Inactive
Where Farmers and Merchants Bank lends
Top states by funded SBA volume.
What Farmers and Merchants Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 4 | $11.6M |
| Retail Trade | 4 | $5.3M |
| Professional and Technical Services | 1 | $5.0M |
| Administrative and Support | 2 | $4.9M |
| Other Services | 2 | $4.5M |
| Agriculture, Forestry, Fishing | 2 | $4.2M |
Farmers and Merchants Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $2.3M |
| 2021 | 4 | $9.0M |
| 2022 | 5 | $12.1M |
| 2024 | 6 | $7.7M |
| 2025 | 3 | $8.0M |
| 2026 | 1 | $5.0M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Farmers and Merchants Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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