States Served
Top Industries Financed
- Site Preparation Contractors
- Beauty Salons
- Septic Tank and Related Services
- Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
Quick Summary
Farmers State Bank is an SBA-approved lender headquartered in VICTOR, Montana. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.8M, with an average loan size of $358K. They primarily serve Montana businesses.
About Farmers State Bank
Farmers State Bank is an SBA-approved lender headquartered in VICTOR, Montana. Since 2020, they have approved 5 SBA 7(a) loans totaling $1.8M, with an average loan size of $358K. 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 Montana.
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Frequently Asked Questions
Is Farmers State Bank an SBA Preferred Lender?
Yes, Farmers State Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Farmers State Bank approved?
According to SBA FOIA public records, Farmers State Bank has approved 5 SBA 7(a) loans totaling $1.8M since 2020. Their average loan size is $358K.
What states does Farmers State Bank serve?
Farmers State Bank primarily serves businesses in Montana.
How do I apply for an SBA loan with Farmers State Bank?
To apply for an SBA 7(a) loan with Farmers State 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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