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Hawthorn Bank

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Description

Hawthorn Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on the 7A loan program, they provide flexible financing options for various business needs, including working capital, equipment purchase, and real estate acquisition. Their experienced team works closely with clients to understand their unique circumstances and craft suitable loan solutions. Located in Jefferson City, Missouri, Hawthorn Bank is committed to supporting local entrepreneurs and fostering economic growth within the community. They have a proven track record of approving loans up to $59,000, helping small businesses access the capital they need to succeed. Their services are designed to streamline the borrowing process, ensuring quick and efficient access to funds. Whether you’re starting a new venture or expanding an existing business, Hawthorn Bank provides personalized guidance and reliable financing options to meet your goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
25
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing solutions to help entrepreneurs grow their businesses.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment, but walk-ins may be accommodated depending on availability. Contact the branch in advance for the best experience.
Question 3
What are the hours of operation?
Answer 3
The branch operates from 9:00 AM to 5:00 PM, Monday through Friday. Hours may vary on holidays or special occasions.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for accessing basic information, but loan processing and application fees may apply during the lending process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is primarily available to small business owners and entrepreneurs within the region, though eligibility depends on specific loan criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally recommended for guarantors applying for SBA loans.
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 completeness of the application and documentation provided.
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