Bank of Guam

This is a local bank offering SBA loan programs and financial services tailored for small businesses in Guam. You can find assistance with funding, business growth strategies, and personalized banking solutions to support your entrepreneurial goals.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during regular banking hours depending on availability.

The branch operates from Monday to Friday, 9:00 AM to 4:00 PM, with additional hours by appointment or special arrangements as needed.

There are no fees for basic inquiries; however, loan processing and application fees may apply depending on the specific financial services utilized.

This bank primarily serves residents and businesses within Guam, with eligibility based on local residency or business registration in the region.

A minimum personal credit score of around 640 is generally preferred, but approval depends on overall financial health and collateral availability.

The underwriting process typically takes between 30 to 45 days, depending on the completeness of documentation and loan complexity.

Most banks keep weekday business hours and are closed on weekends, and Bank of Guam 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 Bank of Guam to confirm current weekend availability before you go.

Bank of Guam is located in Guam — 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 Bank of Guam, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Bank of Guam itself, which runs its own lending under its own ownership. If you work at Bank of Guam, you can claim this listing from this page to manage it.

The core details for Bank of Guam — 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 Bank of Guam before applying. If you represent Bank of Guam, claim this listing to keep its information up to date.

You can reach Bank of Guam by phone at (671) 472-5300 or online at bankofguam.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 Bank of Guam before relying on them.

Based on its approved SBA loans, Bank of Guam most often finances businesses in general retail, restaurants & food service, wholesale & distribution, fitness & recreation, medical practices & clinics, and construction & contractors. This reflects Bank of Guam'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 Bank of Guam 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 Bank of Guam participates in SBA Express depends on its specific SBA lending authority. Contact Bank of Guam 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. Bank of Guam 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. Bank of Guam's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Bank of Guam 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 Bank of Guam 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 Bank of Guam 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 Bank of Guam 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. Bank of Guam weighs this case by case under its own policy, so be upfront about your history and ask Bank of Guam how it evaluates prior bankruptcies.