SBA lender profile
Merchants Bank
Merchants Bank appears in the public SBA loan data with 14 funded 7(a) loans since FY2010, totaling $2.9M, an average of $205K per loan, and an estimated 47 jobs supported. Its SBA lending concentrates in North Dakota and the Administrative and Support sector. With only 14 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 Merchants Bank the right lender for you?
Merchants Bank appears in the SBA record with 14 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.
Bank profile
via FDIC- Total assets
- $114M
- Headquarters
- Cleveland, TN
- FDIC cert
- #16491
- Status
- Inactive
Where Merchants Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Dakota | 10 | $1.8M |
| Montana | 4 | $1.1M |
What Merchants Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Administrative and Support | 2 | $949K |
| Finance and Insurance | 2 | $430K |
| Retail Trade | 4 | $380K |
| Real Estate | 1 | $365K |
| Accommodation and Food Services | 2 | $323K |
| Other Services | 1 | $240K |
Merchants Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 4 | $746K |
| 2014 | 3 | $914K |
| 2016 | 2 | $130K |
| 2017 | 1 | $120K |
| 2019 | 2 | $399K |
| 2021 | 1 | $365K |
| 2022 | 1 | $203K |
Related SBA lenders
Other lenders active in North Dakota or in Administrative and Support.
Comparing lenders? See how to choose an SBA lender by track record.
Merchants Bank: frequently asked questions
Does Merchants Bank offer SBA loans?
Yes. Merchants Bank appears in the public SBA data with 14 funded SBA 7(a) loans totaling $2.9M.
How many SBA loans has Merchants Bank made?
Merchants Bank is associated with 14 SBA 7(a) loans totaling $2.9M in the public SBA data (as of 2026-03-31).
What is Merchants Bank's SBA charge-off rate?
Merchants Bank appears with only 14 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 Merchants Bank do most of its SBA lending?
Merchants Bank's SBA lending in the data is most concentrated in North Dakota, 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). Merchants Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/merchants-bank/
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