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Farmers and Merchants State Bank of Springfield
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Farmers and Merchants State Bank of Springfield, SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Farmers And Merchants State Bank Of Springfield.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
54
2010 – 2025
Approved $
$5.3M
across all programs
Avg loan size
$99K
median $65K
Top industry
"General Freight Trucking, Long-Distance, Truckload"
9 loans · 17%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
54
Approved
$5.3M
Avg size
$99K
Range
$10K – $1.0M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
–
Top industries funded
See all industries
"General Freight Trucking, Long-Distance, Truckload"
9
"General Freight Trucking, Local"
6
All Other Miscellaneous Store Retailers (except Tobacco Stores)
4
Fitness and Recreational Sports Centers
4
All Other Miscellaneous Crop Farming
3
Landscaping Services
3
Loan records · Farmers and Merchants State Bank of Springfield
54 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Hamlin Ag Marketing & Consulting, LLC
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$1,000,000
$167K
7(a)
Beef Cattle Ranching and Farming
2014-08-27
Fredin Brothers, LLP
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$528,300
$33K
7(a)
Livestock Merchant Wholesalers
2012-06-06
Tommy's Central Street Steakhouse, LLC
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$205,000
$5K
7(a)
Full-Service Restaurants
2007-08-15
John & Heather Holles Trucking, Inc
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$155,000
$22K
7(a)
"General Freight Trucking, Long-Distance, Truckload"
2007-10-03
Hamlin Ag Marketing & Consulting, LLC
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$150,000
$50K
7(a)
Beef Cattle Ranching and Farming
2013-05-01
Springfield Advance-Press
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$150,000
$38K
7(a)
Newspaper Publishers
2020-11-16
David Hornick
Farmers and Merchants State Bank of Springfield
New Ulm, MN
56073
$150,000
$21K
7(a)
All Other Miscellaneous Store Retailers (except Tobacco Stores)
2008-12-31
Safari North, LLC
Farmers and Merchants State Bank of Springfield
Brainerd, MN
56401
$150,000
$25K
7(a)
Zoos and Botanical Gardens
2013-04-24
Fredin Brothers, LLP
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$150,000
$9K
7(a)
Livestock Merchant Wholesalers
2014-09-17
Morgan Bros. Landscaping, Inc.
Farmers and Merchants State Bank of Springfield
Morgan, MN
56266
$149,800
$150K
7(a)
Landscaping Services
2012-10-03
DT Johnson Transport
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$148,000
$148K
7(a)
"General Freight Trucking, Local"
2015-07-07
Springfield Fitness, LLC
Farmers and Merchants State Bank of Springfield
Sleepy Eye, MN
56085
$126,000
$11K
7(a)
Fitness and Recreational Sports Centers
2013-10-18
Corwin G & Kari L Brand
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$120,000
$9K
7(a)
Limited-Service Restaurants
2008-10-09
Safari North, LLC
Farmers and Merchants State Bank of Springfield
Brainerd, MN
56401
$100,000
$3K
7(a)
Zoos and Botanical Gardens
2014-12-26
Circle B Custom Co.
Farmers and Merchants State Bank of Springfield
Redwood Falls, MN
56283
$100,000
$13K
7(a)
All Other Miscellaneous Crop Farming
2014-07-24
Circle B Custom Co.
Farmers and Merchants State Bank of Springfield
Redwood Falls, MN
56283
$100,000
$17K
7(a)
All Other Miscellaneous Crop Farming
2010-07-28
SCOTT ROSE
Farmers and Merchants State Bank of Springfield
Sleepy Ey, MN
56085
$100,000
–
7(a)
–
1996-04-15
JONES TRUE VALUE
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$95,000
–
7(a)
Hardware Stores
2000-09-26
Miesen's Color Center Co., Inc.
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$90,000
$9K
7(a)
Painting and Wall Covering Contractors
2010-02-24
John & Heather Holles Trucking, Inc
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$81,000
$10K
7(a)
"General Freight Trucking, Long-Distance, Truckload"
2007-10-03
Springfield Fitness LLC
Farmers and Merchants State Bank of Springfield
Madelia, MN
56062
$80,000
$13K
7(a)
Fitness and Recreational Sports Centers
2008-10-24
Brian Reddemann Trucking
Farmers and Merchants State Bank of Springfield
Storden, MN
56174
$80,000
$80K
7(a)
"Specialized Freight (except Used Goods) Trucking, Long-Distance"
2008-12-23
BRIAN REDDEMANN
Farmers and Merchants State Bank of Springfield
Storden, MN
56174
$78,200
–
7(a)
"General Freight Trucking, Local"
2001-08-21
David Hornick
Farmers and Merchants State Bank of Springfield
New Ulm, MN
56073
$75,000
$15K
7(a)
All Other Miscellaneous Store Retailers (except Tobacco Stores)
2010-06-18
Daniel H Schmitz
Farmers and Merchants State Bank of Springfield
Springfield, MN
56087
$72,000
$72K
7(a)
All Other Miscellaneous Store Retailers (except Tobacco Stores)
2011-04-28
Hamlin Ag Marketing & Consulting, LLC
Springfield, MN · 56087
$1,000,000
7(a)
Farmers and Merchants State Bank of Springfield
$167K/job · 2014-08-27
Fredin Brothers, LLP
Springfield, MN · 56087
$528,300
7(a)
Farmers and Merchants State Bank of Springfield
$33K/job · 2012-06-06
Tommy's Central Street Steakhouse, LLC
Springfield, MN · 56087
$205,000
7(a)
Farmers and Merchants State Bank of Springfield
$5K/job · 2007-08-15
John & Heather Holles Trucking, Inc
Springfield, MN · 56087
$155,000
7(a)
Farmers and Merchants State Bank of Springfield
$22K/job · 2007-10-03
Hamlin Ag Marketing & Consulting, LLC
Springfield, MN · 56087
$150,000
7(a)
Farmers and Merchants State Bank of Springfield
$50K/job · 2013-05-01
Springfield Advance-Press
Springfield, MN · 56087
$150,000
7(a)
Farmers and Merchants State Bank of Springfield
$38K/job · 2020-11-16
David Hornick
New Ulm, MN · 56073
$150,000
7(a)
Farmers and Merchants State Bank of Springfield
$21K/job · 2008-12-31
Safari North, LLC
Brainerd, MN · 56401
$150,000
7(a)
Farmers and Merchants State Bank of Springfield
$25K/job · 2013-04-24
Fredin Brothers, LLP
Springfield, MN · 56087
$150,000
7(a)
Farmers and Merchants State Bank of Springfield
$9K/job · 2014-09-17
Morgan Bros. Landscaping, Inc.
Morgan, MN · 56266
$149,800
7(a)
Farmers and Merchants State Bank of Springfield
$150K/job · 2012-10-03
DT Johnson Transport
Springfield, MN · 56087
$148,000
7(a)
Farmers and Merchants State Bank of Springfield
$148K/job · 2015-07-07
Springfield Fitness, LLC
Sleepy Eye, MN · 56085
$126,000
7(a)
Farmers and Merchants State Bank of Springfield
$11K/job · 2013-10-18
Corwin G & Kari L Brand
Springfield, MN · 56087
$120,000
7(a)
Farmers and Merchants State Bank of Springfield
$9K/job · 2008-10-09
Safari North, LLC
Brainerd, MN · 56401
$100,000
7(a)
Farmers and Merchants State Bank of Springfield
$3K/job · 2014-12-26
Circle B Custom Co.
Redwood Falls, MN · 56283
$100,000
7(a)
Farmers and Merchants State Bank of Springfield
$13K/job · 2014-07-24
Circle B Custom Co.
Redwood Falls, MN · 56283
$100,000
7(a)
Farmers and Merchants State Bank of Springfield
$17K/job · 2010-07-28
SCOTT ROSE
Sleepy Ey, MN · 56085
$100,000
7(a)
Farmers and Merchants State Bank of Springfield
1996-04-15
JONES TRUE VALUE
Springfield, MN · 56087
$95,000
7(a)
Farmers and Merchants State Bank of Springfield
2000-09-26
Miesen's Color Center Co., Inc.
Springfield, MN · 56087
$90,000
7(a)
Farmers and Merchants State Bank of Springfield
$9K/job · 2010-02-24
John & Heather Holles Trucking, Inc
Springfield, MN · 56087
$81,000
7(a)
Farmers and Merchants State Bank of Springfield
$10K/job · 2007-10-03
Springfield Fitness LLC
Madelia, MN · 56062
$80,000
7(a)
Farmers and Merchants State Bank of Springfield
$13K/job · 2008-10-24
Brian Reddemann Trucking
Storden, MN · 56174
$80,000
7(a)
Farmers and Merchants State Bank of Springfield
$80K/job · 2008-12-23
BRIAN REDDEMANN
Storden, MN · 56174
$78,200
7(a)
Farmers and Merchants State Bank of Springfield
2001-08-21
David Hornick
New Ulm, MN · 56073
$75,000
7(a)
Farmers and Merchants State Bank of Springfield
$15K/job · 2010-06-18
Daniel H Schmitz
Springfield, MN · 56087
$72,000
7(a)
Farmers and Merchants State Bank of Springfield
$72K/job · 2011-04-28
1–25 of 54
Page 1 of 3
Where Farmers and Merchants State Bank of Springfield lends
APPROVAL CONCENTRATION
TOP STATES
MN
54