22nd State Bank, A Division of 22nd State Banking Company

This is a local commercial bank offering SBA loan programs and financial services tailored to small businesses in the Mobile area. You can find assistance with funding, business growth strategies, and personalized banking solutions to support your enterprise.

It's recommended to schedule an appointment to meet with a lending specialist, but walk-in consultations may be available during business hours. Calling ahead ensures dedicated time and prepared staff to assist your needs.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Special hours or appointments outside these times can be arranged by prior arrangement.

There are no fees for initial consultations. Loan application fees and closing costs may apply depending on the financing arrangement.

This bank primarily serves small business owners and entrepreneurs in the Mobile region, but they welcome qualified applicants who meet their lending criteria regardless of residency within the area.

A minimum personal credit score of around 650 is typically required, though higher scores improve approval chances and loan terms.

The underwriting process usually takes approximately 2 to 4 weeks, depending on the completeness of your application and supporting documents.

Most banks keep weekday business hours and are closed on weekends, and 22nd State Bank, A Division of 22nd State Banking Company typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call 22nd State Bank, A Division of 22nd State Banking Company to confirm current weekend availability before you go.

22nd State Bank, A Division of 22nd State Banking Company is located in Alabama — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for 22nd State Bank, A Division of 22nd State Banking Company, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by 22nd State Bank, A Division of 22nd State Banking Company itself, which runs its own lending under its own ownership. If you work at 22nd State Bank, A Division of 22nd State Banking Company, you can claim this listing from this page to manage it.

The core details for 22nd State Bank, A Division of 22nd State Banking Company — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with 22nd State Bank, A Division of 22nd State Banking Company before applying. If you represent 22nd State Bank, A Division of 22nd State Banking Company, claim this listing to keep its information up to date.

You can reach 22nd State Bank, A Division of 22nd State Banking Company by phone at (251) 445-3805 or online at 22ndstatebank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with 22nd State Bank, A Division of 22nd State Banking Company before relying on them.

Based on its approved SBA loans, 22nd State Bank, A Division of 22nd State Banking Company most often finances businesses in construction & contractors, restaurants & food service, general retail, medical practices & clinics, wholesale & distribution, and cleaning, landscaping & janitorial. This reflects 22nd State Bank, A Division of 22nd State Banking Company's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with 22nd State Bank, A Division of 22nd State Banking Company which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether 22nd State Bank, A Division of 22nd State Banking Company participates in SBA Express depends on its specific SBA lending authority. Contact 22nd State Bank, A Division of 22nd State Banking Company and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. 22nd State Bank, A Division of 22nd State Banking Company can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. 22nd State Bank, A Division of 22nd State Banking Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask 22nd State Bank, A Division of 22nd State Banking Company directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask 22nd State Bank, A Division of 22nd State Banking Company what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask 22nd State Bank, A Division of 22nd State Banking Company to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with 22nd State Bank, A Division of 22nd State Banking Company to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. 22nd State Bank, A Division of 22nd State Banking Company weighs this case by case under its own policy, so be upfront about your history and ask 22nd State Bank, A Division of 22nd State Banking Company how it evaluates prior bankruptcies.