Farmers State Bank
IA
SBA-approved lender offering 7 loan programs across 4 industries.
Key Metrics
Interest Rate
7.55%
0.80% over prime
Average Loan
$470K
Per approval
Total Approvals
12
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (4)
All Other Amusement and Recreation IndustriesBeauty SalonsCar WashesFull-Service Restaurants
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.80%
- Effective Rate
- 7.55%
- Fiscal Year
- 2025
- States Served
- IA
- Website
- www.fsbiowa.com
Ready to apply with Farmers State Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.