Farmers Bank, Frankfort, Indiana approved 43 SBA loans worth $21.8M between October 2021 and June 2026, ranking #602 of 2,283 SBA lenders nationally by loan count. Its median loan was $412,000, and 28% went to startups or businesses under two years old. It lent in 4 states, most often in Indiana, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Indiana | 35 | $18.1M | $380,000 | #38 |
| Florida | 5 | $2.4M | $470,000 | #180 |
| Ohio | 2 | $650K | $325,000 | #166 |
| Arizona | 1 | $644K | $643,500 | #168 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 13 | $470,000 | |
| Administrative and support services | 7 | $500,000 | |
| Restaurants and hotels | 6 | $486,700 | |
| Retail | 5 | $105,000 | |
| Health care and social assistance | 3 | $300,000 | |
| Construction | 2 | $350,000 | |
| Finance and insurance | 1 | $380,000 | |
| Arts, entertainment and recreation | 1 | $405,800 | |
| Education | 1 | $425,000 | |
| Professional and technical services | 1 | $251,200 |