{"source":"SBA 7(a) FOIA loan file (data.sba.gov), change-of-ownership loans only, aggregated","publisher":"SBA Acquisition Data","page":"https://sbaacquisitiondata.com/lender/mechanics-and-farmers-bank","type":"lender","name":"Mechanics and Farmers Bank","as_of":"2026-09-30","fy_min":2018,"fy_max":2026,"license":"https://www.usa.gov/government-works","data":{"name":"Mechanics and Farmers Bank","state":"NC","slug":"mechanics-and-farmers-bank","all_7a_loans":92,"all_7a_dollars":57316200,"plp_share":0.3667,"summary":{"loans":60,"dollars":43175500,"median":428750,"mean":719592,"p25":260875,"p75":850000,"avg_rate":8.34,"median_term":120,"guaranty_share":0.77,"jobs":396,"franchise_loans":6,"recent_loans":19},"by_fy":[{"fy":2018,"loans":2,"dollars":1516000,"median":758000},{"fy":2019,"loans":6,"dollars":1314500,"median":218000},{"fy":2020,"loans":13,"dollars":6576300,"median":333000},{"fy":2021,"loans":7,"dollars":11021500,"median":1234000},{"fy":2022,"loans":4,"dollars":5270400,"median":880250},{"fy":2023,"loans":5,"dollars":4344500,"median":761000},{"fy":2024,"loans":4,"dollars":5323000,"median":577000},{"fy":2025,"loans":15,"dollars":6397300,"median":338900},{"fy":2026,"loans":4,"dollars":1412000,"median":216000}],"seasoned":{"loans":28,"charged_off":1,"paid_in_full":16,"chargeoff_rate":0.0357,"chargeoff_dollar_rate":0.0004,"fy_min":2018,"fy_max":2021},"compare":{"entity":{"loans":60,"median":428750,"p25":260875,"p75":850000,"avg_rate":8.34,"median_term":120,"chargeoff_rate":0.0357},"parents":[]},"concentration":{"by":"state","top1":0.1667,"top3":0.35,"n3plus":7,"distinct":24},"recent":{"loans":19,"median":298500,"prior_loans":9,"change":null},"size_mix":{"lt350k":0.4333,"350k_1m":0.35,"1m_2m":0.15,"gt2m":0.0667},"top_states":[{"key":"NC","loans":10,"dollars":4965500,"name":"North Carolina","slug":"nc"},{"key":"FL","loans":6,"dollars":1447000,"name":"Florida","slug":"fl"},{"key":"GA","loans":5,"dollars":8039500,"name":"Georgia","slug":"ga"},{"key":"VA","loans":5,"dollars":1926600,"name":"Virginia","slug":"va"},{"key":"IN","loans":4,"dollars":1249800,"name":"Indiana","slug":"in"},{"key":"KY","loans":3,"dollars":1816400,"name":"Kentucky","slug":"ky"},{"key":"OH","loans":3,"dollars":1001900,"name":"Ohio","slug":"oh"},{"key":"MI","loans":2,"dollars":4618000,"name":"Michigan","slug":"mi"},{"key":"TX","loans":2,"dollars":3154500,"name":"Texas","slug":"tx"},{"key":"NV","loans":2,"dollars":2929000,"name":"Nevada","slug":"nv"},{"key":"OK","loans":2,"dollars":1728000,"name":"Oklahoma","slug":"ok"},{"key":"TN","loans":2,"dollars":1056500,"name":"Tennessee","slug":"tn"},{"key":"SC","loans":2,"dollars":915000,"name":"South Carolina","slug":"sc"},{"key":"OR","loans":2,"dollars":319000,"name":"Oregon","slug":"or"},{"key":"WA","loans":1,"dollars":2692000,"name":"Washington","slug":"wa"}],"top_industries":[{"key":"524210","loans":34,"dollars":27703200,"name":"Insurance Agencies and Brokerages","slug":"insurance-agencies-and-brokerages-524210"},{"key":"722515","loans":3,"dollars":758900,"name":"Snack and Nonalcoholic Beverage Bars","slug":"snack-and-nonalcoholic-beverage-bars-722515"},{"key":"811111","loans":2,"dollars":774000,"name":"General Automotive Repair","slug":"general-automotive-repair-811111"},{"key":"722513","loans":2,"dollars":660000,"name":"Limited-Service Restaurants","slug":"limited-service-restaurants-722513"},{"key":"484110","loans":1,"dollars":3975000,"name":"General Freight Trucking, Local","slug":"general-freight-trucking-local-484110"},{"key":"541519","loans":1,"dollars":1504000,"name":"Other Computer Related Services","slug":"other-computer-related-services-541519"},{"key":"423210","loans":1,"dollars":880000,"name":"Furniture Merchant Wholesalers","slug":"furniture-merchant-wholesalers-423210"},{"key":"339950","loans":1,"dollars":800000,"name":"Sign Manufacturing","slug":"sign-manufacturing-339950"},{"key":"561990","loans":1,"dollars":734400,"name":"All Other Support Services","slug":"all-other-support-services-561990"}],"top_franchises":[{"key":"S1591","loans":2,"dollars":420000,"name":"Smoothie King","slug":"smoothie-king"},{"key":"S1570","loans":1,"dollars":800000,"name":"Signarama","slug":"signarama"},{"key":"S0278","loans":1,"dollars":215500,"name":"Burn Boot Camp Fitness","slug":"burn-boot-camp-fitness"},{"key":"S0513","loans":1,"dollars":200000,"name":"Domino's Pizza","slug":"dominos-pizza"}]}}