The Farmers & Merchants State Bank
264th of 889 lenders by loans funded, 20241
Short‑term investment‑property lender, active across Ohio, Indiana and Michigan.
- Source
- 2024 verified records
- Pulled
- Sep 1, 2026
- LEI
- 254900LDNBFL67R4FW27
- Excluded
- 62 longer‑term (DSCR) loans
- Website
- Not yet verified
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- Work here? Claim this profile
Loans funded202024, terms of 36 months or less
Principal originated$7M2024, at origination
Median note rate29.00%3 counties reporting
Counties103 states
Where the money went
Ohio carried 65.0% of the year's loans. Every county with activity is in the ledger below.
Every county
Ranked by loans funded in 2024. Each links to the county's full lender directory.
| # | County | Loans | Median rate2 | |
|---|---|---|---|---|
| 01 | Lucas County, OH | 4 | 9.50% | |
| 02 | Williams County, OH | 4 | 9.00% | |
| 03 | Allen County, IN | 3 | 8.50% | |
| 04 | Butler County, OH | 2 | — | |
| 05 | Fulton County, OH | 2 | — | |
| 06 | Delaware County, IN | 1 | — | |
| 07 | Jay County, IN | 1 | — | |
| 08 | Madison County, IN | 1 | — | |
| 09 | Washtenaw County, MI | 1 | — | |
| 10 | Wood County, OH | 1 | — | |
| Total | 20 | 9.00%lender median |
- 1Loans are originated, business-purpose loans on investment properties with terms of 36 months or less, from 2024 verified public lending records. Counts are per county of the secured property; activity below public reporting thresholds may not appear. Ranking is by loans funded among every lender on record; it is not an endorsement, and placement is never paid.
- 2Rates are per-county medians of disclosed note rates; the lender-wide figure is the median of those. “vs. lender” is the county median less the lender median, in percentage points; differences under 0.25 points are set in grey.