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First National Bank of Coffee County

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Description

First National Bank of Coffee County offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the local community, the bank provides flexible financing options through SBA programs, including the popular 7(a) loan program, to help entrepreneurs achieve their business goals. Their team of experienced lenders guides clients through the application process, ensuring clarity and support at every step. The bank specializes in serving businesses within the retail sector, particularly those aligned with the NAICS code 446110, which covers pharmacies and drug stores. They are committed to fostering economic development in Douglas, GA, and the surrounding areas by providing accessible and reliable funding solutions. Whether you’re looking to purchase equipment, finance real estate, or manage working capital, First National Bank of Coffee County is dedicated to helping local businesses succeed with personalized service and competitive terms.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
13
Question 1
What is this place and what can I find here?
Answer 1
This is a local SBA lender offering small business loans, including the popular 7(a) program, to help entrepreneurs finance their growth and operational needs in Douglas, GA.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 AM to 5:00 PM, with extended hours by appointment upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about SBA loans; however, standard loan closing costs and guarantee fees may apply upon approval.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves local small businesses in Douglas, GA, but eligibility depends on meeting SBA and credit requirements.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is generally required, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and documentation provided.
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