States Served
Top Industries Financed
- Site Preparation Contractors
Quick Summary
Farmers Savings Bank is an SBA-approved lender headquartered in COLESBURG, Iowa. Since 2020, they have approved 1 SBA 7(a) loans totaling $495K, with an average loan size of $495K. They primarily serve Iowa businesses.
About Farmers Savings Bank
Farmers Savings Bank is an SBA-approved lender headquartered in COLESBURG, Iowa. Since 2020, they have approved 1 SBA 7(a) loans totaling $495K, with an average loan size of $495K. They primarily serve businesses in Iowa.
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Frequently Asked Questions
Is Farmers Savings Bank an SBA Preferred Lender?
Farmers 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 Farmers Savings Bank approved?
According to SBA FOIA public records, Farmers Savings Bank has approved 1 SBA 7(a) loans totaling $495K since 2020. Their average loan size is $495K.
What states does Farmers Savings Bank serve?
Farmers Savings Bank primarily serves businesses in Iowa.
How do I apply for an SBA loan with Farmers Savings Bank?
To apply for an SBA 7(a) loan with Farmers 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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