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Fairfax State Savings Bank

FAIRFAX, IA 52228

17
Loans Approved
$4.1M
Total Volume
$242K
Avg Loan Size
1
States Served

States Served

Iowa

Top Industries Financed

  • General Rental Centers
  • Power and Communication Line and Related Structures Construction
  • Fine Arts Schools
  • Full-Service Restaurants
  • Snack and Nonalcoholic Beverage Bars

Quick Summary

Fairfax State Savings Bank is an SBA-approved lender headquartered in FAIRFAX, Iowa. Since 2020, they have approved 17 SBA 7(a) loans totaling $4.1M, with an average loan size of $242K. They primarily serve Iowa businesses.

About Fairfax State Savings Bank

Fairfax State Savings Bank is an SBA-approved lender headquartered in FAIRFAX, Iowa. Since 2020, they have approved 17 SBA 7(a) loans totaling $4.1M, with an average loan size of $242K. They primarily serve businesses in Iowa.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Fairfax State Savings Bank an SBA Preferred Lender?

Fairfax State Savings Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Fairfax State Savings Bank approved?

According to SBA FOIA public records, Fairfax State Savings Bank has approved 17 SBA 7(a) loans totaling $4.1M since 2020. Their average loan size is $242K.

What states does Fairfax State Savings Bank serve?

Fairfax State Savings Bank primarily serves businesses in Iowa.

How do I apply for an SBA loan with Fairfax State Savings Bank?

To apply for an SBA 7(a) loan with Fairfax State Savings Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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