SBA lender profile
Farmers and Merchants State Bank of Pierz
Farmers and Merchants State Bank of Pierz appears in the public SBA loan data with 15 funded 7(a) loans totaling $2.4M, an average of $159K per loan, and an estimated 96 jobs supported. Its SBA lending concentrates in Minnesota and the Construction 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
15
Total volume
$2.4M
Average loan size
$159K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
96
Programs
7(a)
Bank profile
via FDIC- Total assets
- $331M
- Headquarters
- Pierz, MN
- FDIC cert
- #10165
- Status
- Active
Where Farmers and Merchants State Bank of Pierz lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 15 | $2.4M |
What Farmers and Merchants State Bank of Pierz funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 4 | $895K |
| Manufacturing | 6 | $831K |
| Agriculture, Forestry, Fishing | 1 | $250K |
| Retail Trade | 1 | $250K |
| Other Services | 2 | $110K |
| Educational Services | 1 | $47K |
Farmers and Merchants State Bank of Pierz SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 6 | $876K |
| 2022 | 7 | $1.4M |
| 2023 | 2 | $110K |
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 State Bank of Pierz'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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