States Served
Top Industries Financed
- Meat Markets
- Textile Bag and Canvas Mills
- Nonresidential Property Managers
- General Warehousing and Storage
- General Automotive Repair
Quick Summary
Farmers & Merchants State Bank of New York Mills, Incorporat is an SBA-approved lender headquartered in NEW YORK MILLS, Minnesota. Since 2020, they have approved 7 SBA 7(a) loans totaling $1.1M, with an average loan size of $152K. They primarily serve Minnesota businesses.
About Farmers & Merchants State Bank of New York Mills, Incorporat
Farmers & Merchants State Bank of New York Mills, Incorporat is an SBA-approved lender headquartered in NEW YORK MILLS, Minnesota. Since 2020, they have approved 7 SBA 7(a) loans totaling $1.1M, with an average loan size of $152K. They primarily serve businesses in Minnesota.
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Frequently Asked Questions
Is Farmers & Merchants State Bank of New York Mills, Incorporat an SBA Preferred Lender?
Farmers & Merchants State Bank of New York Mills, Incorporat 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 State Bank of New York Mills, Incorporat approved?
According to SBA FOIA public records, Farmers & Merchants State Bank of New York Mills, Incorporat has approved 7 SBA 7(a) loans totaling $1.1M since 2020. Their average loan size is $152K.
What states does Farmers & Merchants State Bank of New York Mills, Incorporat serve?
Farmers & Merchants State Bank of New York Mills, Incorporat primarily serves businesses in Minnesota.
How do I apply for an SBA loan with Farmers & Merchants State Bank of New York Mills, Incorporat?
To apply for an SBA 7(a) loan with Farmers & Merchants State Bank of New York Mills, Incorporat, 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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