Go Back
Report Abuse

Bank of Lake Mills

photo-174.png
photo-174.png

Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with various loan programs. Whether you’re seeking funding for expansion, equipment, or working capital, they provide tailored solutions to meet your needs. Their team is dedicated to guiding clients through the loan process, ensuring clarity and support at every step. With a focus on community development and small business growth, they leverage their expertise to help entrepreneurs succeed. Their SBA program history includes successful implementations of the 7A loan program, showcasing their experience and commitment to small business financing. Located in Lake Mills, WI, they serve local and regional clients, emphasizing personalized service and flexible financing options. They also support SBA 504 loans, Express loans, and microloans, making them a versatile partner for various business stages and needs.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
21
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs to support small business growth. You can find assistance with funding options like 7A, 504, and microloans, tailored to your business needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The branch operates from 9 AM to 4 PM, Monday through Friday. It"s best to call ahead for specific appointment times or after-hours assistance.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult with the bank; however, loan processing and application fees may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves local residents and small businesses in the Lake Mills area, but they also support regional clients seeking SBA financing.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 620 is preferred, but standards may vary based on the loan and applicant profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of the application.
Scroll to Top