SBA lender profile
First Farmers & Merchants State Bank of Grand Meadow
First Farmers & Merchants State Bank of Grand Meadow appears in the public SBA loan data with 3 funded 7(a) loans since FY2010, totaling $5.8M, an average of $1.9M per loan, and an estimated 65 jobs supported. Its SBA lending concentrates in Minnesota and the Agriculture, Forestry, Fishing sector. With only 3 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 First Farmers & Merchants State Bank of Grand Meadow the right lender for you?
First Farmers & Merchants State Bank of Grand Meadow appears in the SBA record with 3 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.
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Where First Farmers & Merchants State Bank of Grand Meadow lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 3 | $5.8M |
What First Farmers & Merchants State Bank of Grand Meadow funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Agriculture, Forestry, Fishing | 1 | $3.9M |
| Arts, Entertainment, Recreation | 1 | $1.8M |
| Retail Trade | 1 | $144K |
First Farmers & Merchants State Bank of Grand Meadow SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2014 | 1 | $1.8M |
| 2016 | 1 | $144K |
| 2017 | 1 | $3.9M |
Related SBA lenders
Other lenders active in Minnesota or in Agriculture, Forestry, Fishing.
Comparing lenders? See how to choose an SBA lender by track record.
First Farmers & Merchants State Bank of Grand Meadow: frequently asked questions
Does First Farmers & Merchants State Bank of Grand Meadow offer SBA loans?
Yes. First Farmers & Merchants State Bank of Grand Meadow appears in the public SBA data with 3 funded SBA 7(a) loans totaling $5.8M.
How many SBA loans has First Farmers & Merchants State Bank of Grand Meadow made?
First Farmers & Merchants State Bank of Grand Meadow is associated with 3 SBA 7(a) loans totaling $5.8M in the public SBA data (as of 2026-03-31).
What is First Farmers & Merchants State Bank of Grand Meadow's SBA charge-off rate?
First Farmers & Merchants State Bank of Grand Meadow appears with only 3 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 First Farmers & Merchants State Bank of Grand Meadow do most of its SBA lending?
First Farmers & Merchants State Bank of Grand Meadow's SBA lending in the data is most concentrated in Minnesota, and by industry in Agriculture, Forestry, Fishing.
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). First Farmers & Merchants State Bank of Grand Meadow SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-farmers-merchants-state-bank-of-grand-meadow/
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