The Farmers and Merchants State Bank

This is a commercial bank that offers SBA loan programs and small business financing options to help entrepreneurs grow their businesses. You can find personalized lending solutions, expert guidance, and competitive rates tailored to your needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Calling ahead can help streamline your visit and prepare necessary documentation.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Special appointments outside regular hours can be arranged upon request.

There are no fees to visit or inquire; however, loan applications and processing may involve fees depending on the specific financing product.

This bank serves small business owners and entrepreneurs within its regional area, but eligibility is based on creditworthiness and business qualifications rather than residency alone.

Typically, a minimum personal credit score of 640 is preferred, though higher scores improve approval chances and loan terms.

The underwriting process generally takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of application materials.

Most banks keep weekday business hours and are closed on weekends, and The Farmers and Merchants State Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call The Farmers and Merchants State Bank to confirm current weekend availability before you go.

The Farmers and Merchants State Bank is located in Ohio — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for The Farmers and Merchants State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Farmers and Merchants State Bank itself, which runs its own lending under its own ownership. If you work at The Farmers and Merchants State Bank, you can claim this listing from this page to manage it.

The core details for The Farmers and Merchants State Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with The Farmers and Merchants State Bank before applying. If you represent The Farmers and Merchants State Bank, claim this listing to keep its information up to date.

You can reach The Farmers and Merchants State Bank by phone at (419) 446-2501 or online at fm.bank — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with The Farmers and Merchants State Bank before relying on them.

Based on its approved SBA loans, The Farmers and Merchants State Bank most often finances businesses in restaurants & food service, manufacturing, medical practices & clinics, and hotels & lodging. This reflects The Farmers and Merchants State Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with The Farmers and Merchants State Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether The Farmers and Merchants State Bank participates in SBA Express depends on its specific SBA lending authority. Contact The Farmers and Merchants State Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. The Farmers and Merchants State Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. The Farmers and Merchants State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Farmers and Merchants State Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask The Farmers and Merchants State Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask The Farmers and Merchants State Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with The Farmers and Merchants State Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. The Farmers and Merchants State Bank weighs this case by case under its own policy, so be upfront about your history and ask The Farmers and Merchants State Bank how it evaluates prior bankruptcies.