129
Loans Approved
$34.8M
Total Volume
$270K
Avg Loan Size
4
States Served
Top Industries Financed
- Full-Service Restaurants
- Offices of Chiropractors
- Snack and Nonalcoholic Beverage Bars
- Beauty Salons
- Insurance Agencies and Brokerages
About Farmers State Bank
Farmers State Bank is an SBA-approved lender headquartered in WATERLOO, Iowa. Since 2020, they have approved 129 SBA 7(a) loans totaling $34.8M, with an average loan size of $270K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 4 states.
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