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St. Johns Bank and Trust Company

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Description

St. Johns Bank and Trust Company offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, the bank provides various SBA loan programs including the popular 7(a) loan program, which helps entrepreneurs access capital with flexible terms and competitive rates. The bank’s experienced lending team guides clients through the application process, ensuring clarity and support at every step. Located in Saint Louis, Missouri, the bank serves local businesses but also supports clients across the region with its extensive banking expertise. Whether you’re looking for working capital, equipment financing, or real estate loans, this bank is equipped to meet diverse small business needs. The bank’s commitment to small business success is reflected in its personalized service and tailored lending solutions designed to help entrepreneurs thrive. With a record approval amount of up to $414,000, the bank is well-positioned to support a wide range of business sizes and industries, especially those aligned with NAICS code 531130, which pertains to real estate activities. Clients benefit from the bank’s deep understanding of SBA programs and its dedication to fostering economic growth within the community.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.8
Google Review Count
31
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that provides SBA lending options and small business financing solutions, including SBA 7(a) loans, to support business growth and expansion.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure personalized service, but walk-ins are also accommodated during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with extended hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are standard fees associated with SBA loans, including application and closing costs, which vary depending on the loan specifics.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners in the Saint Louis region, but eligibility depends on meeting SBA and bank criteria.
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 typically preferred, but stronger credit profiles improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the completeness of the application and supporting documents.
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