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Farmers State Bank of Hoffman — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Farmers State Bank Of Hoffman.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
8
2010 – 2025
Approved $
$1.9M
across all programs
Avg loan size
$233K
median $191K
Top industry
All Other Miscellaneous Waste Management Services
2 loans · 25%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
8
Approved
$1.9M
Avg size
$233K
Range
$25K – $656K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
All Other Miscellaneous Waste Management Services
2
Drinking Places (Alcoholic Beverages)
1
General Automotive Repair
1
Loan records · Farmers State Bank of Hoffman
8 records
Sort:
STRUNK'S DAIRY
Hoffman, MN · 56339
$656,000
7(a)
Farmers State Bank of Hoffman1993-07-06
NESSMAN DAIRY
Kensington, MN · 56343
$455,000
7(a)
Farmers State Bank of Hoffman1995-06-13
Johnson Jet Line Inc
Kensington, MN · 56343
$241,000
7(a)
Farmers State Bank of Hoffman$30K/job · 2017-12-19
Johnson Jet Line Inc
Kensington, MN · 56343
$232,400
7(a)
Farmers State Bank of Hoffman$21K/job · 2015-10-16
LAWRENCE'S FAMILY FOODS
Hoffman, MN · 56339
$150,000
7(a)
Farmers State Bank of Hoffman1998-07-09
BEYER'S AUTO CENTER
Hoffman, MN · 56339
$60,000
7(a)
Farmers State Bank of Hoffman2005-05-18
JOE JO'S, INC.
Hoffman, MN · 56339
$42,750
7(a)
Farmers State Bank of Hoffman2002-05-07
DAVID & NICHOLE MAHONEY
Morris, MN · 56267
$24,650
7(a)
Farmers State Bank of Hoffman1998-12-30
1–8 of 8
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Where Farmers State Bank of Hoffman lends

APPROVAL CONCENTRATION
TOP STATES
MN
8