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The Paducah Bank and Trust Company

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Description

The Paducah Bank and Trust Company offers comprehensive commercial banking services tailored to small businesses seeking SBA financing options. With a focus on supporting local entrepreneurs, the bank provides various loan programs including SBA 7(a), designed to help businesses secure funding for growth, equipment, or working capital. The bank’s experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. Known for personalized service, the bank caters to a wide range of industries, providing flexible terms and competitive rates. Whether you’re a startup or an established business, Paducah Bank and Trust Company is committed to helping you achieve your financial goals with tailored solutions and expert advice. Their SBA program history includes successful approvals up to $25,000, demonstrating their dedication to small business success in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
22
Question 1
What is this place and what can I find here?
Answer 1
This is a local commercial bank offering SBA loan programs, business banking services, and financial guidance tailored to small businesses in the region.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
Fees depend on the specific banking service or loan product; details are provided during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the region, but some services may be available to non-residents with proper documentation.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum credit score of 640 is generally preferred for guarantors.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the application.
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