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Farmers & Merchants Bank of North Dakota

TOLNA, ND 58380

1
Loans Approved
$25K
Total Volume
$25K
Avg Loan Size
1
States Served

States Served

North Dakota

Top Industries Financed

  • Mobile Food Services

Quick Summary

Farmers & Merchants Bank of North Dakota is an SBA-approved lender headquartered in TOLNA, North Dakota. Since 2020, they have approved 1 SBA 7(a) loans totaling $25K, with an average loan size of $25K. They primarily serve North Dakota businesses.

About Farmers & Merchants Bank of North Dakota

Farmers & Merchants Bank of North Dakota is an SBA-approved lender headquartered in TOLNA, North Dakota. Since 2020, they have approved 1 SBA 7(a) loans totaling $25K, with an average loan size of $25K. They primarily serve businesses in North Dakota.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Farmers & Merchants Bank of North Dakota an SBA Preferred Lender?

Farmers & Merchants Bank of North Dakota 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 Farmers & Merchants Bank of North Dakota approved?

According to SBA FOIA public records, Farmers & Merchants Bank of North Dakota has approved 1 SBA 7(a) loans totaling $25K since 2020. Their average loan size is $25K.

What states does Farmers & Merchants Bank of North Dakota serve?

Farmers & Merchants Bank of North Dakota primarily serves businesses in North Dakota.

How do I apply for an SBA loan with Farmers & Merchants Bank of North Dakota?

To apply for an SBA 7(a) loan with Farmers & Merchants Bank of North Dakota, 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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