1
Loans Approved
$150K
Total Volume
$150K
Avg Loan Size
1
States Served
States Served
Top Industries Financed
- Newspaper Publishers
About Farmers and Merchants State Bank of Springfield
Farmers and Merchants State Bank of Springfield is an SBA-approved lender headquartered in SPRINGFIELD, Minnesota. Since 2020, they have approved 1 SBA 7(a) loans totaling $150K, with an average loan size of $150K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Minnesota.
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days