Farmers & Merchants Savings Bank
Headquartered in MANCHESTER, IA
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7(a) Lending
Gross approval amounts
FY2024 Volume
$6.5M
FY2024 Loans
19
$344K avg size
FY2022–FY2026 Volume
$12.8M
FY2022–FY2026 Loans
35
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2024
Activity by State
4 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | MN | 8 | $4.7M | $583K |
| 2 | IA | 8 | $1.7M | $209K |
| 3 | WA | 1 | $0.1M | $108K |
| 4 | WI | 2 | $0.1M | $50K |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2023 Volume
$888K
FY2023 Loans
2
$444K avg size
FY2022–FY2026 Volume
$2.3M
FY2022–FY2026 Loans
5
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2023
Activity by State
1 state, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | IA | 2 | $0.9M | $444K |
Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.