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Farmers State Bank (IA)

7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approvals as of Fiscal Year End 2025 12
SBA Loans Total Approval Amount as of Fiscal Year End 2025 $5,645,000
Average SBA Loan Size as of Fiscal Year End 2025 $470,417
Average SBA Loan Rate over Prime (Prime is 6.75%) 0.80
Farmers State Bank (IA)

Unlock Your Financial Potential with Farmers State Bank (IA)

Farmers State Bank, headquartered in Marion, Iowa, is a trusted, family-owned community bank that has supported local businesses, families, and entrepreneurs since 1879. With a strong emphasis on local decision-making and SBA-backed lending, Farmers State Bank provides flexible financing options designed to help small businesses grow, modernize, and thrive throughout Iowa.

Key Features of Farmers State Bank

  • Comprehensive Business Banking: Business checking and savings accounts, treasury management, merchant services, and online banking tools designed to streamline cash flow and operations.
  • SBA Loan Expertise: Farmers State Bank is an experienced SBA lender offering 7(a), 504, and SBA Express programs to help business owners secure affordable, government-backed financing for working capital, equipment, or commercial real estate.
  • Flexible Commercial Financing: In addition to SBA programs, the bank offers term loans, business lines of credit, and agricultural financing — all tailored to local business and farming needs.
  • Local Decision-Making: As an Iowa-based community bank, lending decisions are made by local experts who understand regional market conditions and business goals.
  • Commitment to Community and Growth: Farmers State Bank invests in small business development, community initiatives, and regional economic growth across Eastern Iowa.

Why Choose Farmers State Bank for SBA Loans?

Farmers State Bank combines the personal attention of a community lender with the financial strength of a full-service bank. Its SBA lending team provides guidance throughout the application and approval process, ensuring fast turnaround times, flexible terms, and personalized support. Whether you’re expanding your business, acquiring property, or upgrading equipment, Farmers State Bank delivers the right SBA financing solution for your needs.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Farmers State Bank Business Banking page to explore available loan programs, review eligibility, and connect with an SBA lending specialist.

Empower your financial future today with Farmers State Bank — where Iowa businesses come to grow.

Industry