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Merchants State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Merchants State Bank.

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
3
2010 – 2025
Approved $
$1.6M
across all programs
Avg loan size
$545K
median $260K
Top industry
Golf Courses and Country Clubs
1 loans · 33%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
3
Approved
$1.6M
Avg size
$545K
Range
$110K – $1.3M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Golf Courses and Country Clubs
1
Tire Dealers
1
Loan records · Merchants State Bank
3 records
Sort:
SPRING CREEK COUNTRY CLUB, INC
Harrisburg, SD · 57032
$1,264,000
7(a)
Merchants State Bank1993-07-07
MR. G'S TIRES, INC.
Freeman, SD · 57029
$260,000
7(a)
Merchants State Bank2003-09-08
CORNER CONVENIENCE STORE, INC.
Elkton, SD · 57026
$110,000
7(a)
Merchants State Bank1995-10-17
1–3 of 3
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Where Merchants State Bank lends

APPROVAL CONCENTRATION
TOP STATES
SD
3