SBA lender profile
Farmers State Bank of Hoffman
Farmers State Bank of Hoffman appears in the public SBA loan data with 2 funded 7(a) loans since FY2010, totaling $473K, an average of $237K per loan, and an estimated 19 jobs supported. Its SBA lending concentrates in Minnesota and the Administrative and Support sector. With only 2 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
Is Farmers State Bank of Hoffman the right lender for you?
Farmers State Bank of Hoffman appears in the SBA record with 2 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where Farmers State Bank of Hoffman lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 2 | $473K |
What Farmers State Bank of Hoffman funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 2 | $473K |
Farmers State Bank of Hoffman SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2016 | 1 | $232K |
| 2018 | 1 | $241K |
Related SBA lenders
Other lenders active in Minnesota or in Administrative and Support.
Comparing lenders? See how to choose an SBA lender by track record.
Farmers State Bank of Hoffman: frequently asked questions
Does Farmers State Bank of Hoffman offer SBA loans?
Yes. Farmers State Bank of Hoffman appears in the public SBA data with 2 funded SBA 7(a) loans totaling $473K.
How many SBA loans has Farmers State Bank of Hoffman made?
Farmers State Bank of Hoffman is associated with 2 SBA 7(a) loans totaling $473K in the public SBA data (as of 2026-03-31).
What is Farmers State Bank of Hoffman's SBA charge-off rate?
Farmers State Bank of Hoffman appears with only 2 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Farmers State Bank of Hoffman do most of its SBA lending?
Farmers State Bank of Hoffman's SBA lending in the data is most concentrated in Minnesota, and by industry in Administrative and Support.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Farmers State Bank of Hoffman SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/farmers-state-bank-of-hoffman/
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