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Cherokee State Bank

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Description

Cherokee State Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on the local community, the bank provides flexible loan options under the SBA 7(a) program, which is ideal for a variety of business purposes including working capital, equipment purchase, and real estate acquisition. The bank’s experienced lending team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Their lending solutions are designed to accommodate businesses of different sizes and industries, with a particular strength in supporting small enterprises within the region. The bank maintains a strong commitment to fostering local economic development and offers personalized service to help entrepreneurs succeed. Whether you’re looking to expand your operations or start a new venture, Cherokee State Bank is dedicated to providing the financial resources necessary to achieve your business goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
This is Cherokee State Bank, where you can find a range of banking services including SBA loans, personal banking, and business financing tailored to small businesses in the Cherokee area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
You can walk in during business hours or schedule an appointment with a loan officer to discuss your financing needs in detail.
Question 3
What are the hours of operation?
Answer 3
The bank is open from 8:30 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for basic banking services, but loan application and closing fees may apply depending on the service.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within the Cherokee region, but certain services may be available to non-residents as well.
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 preferred for loan qualification.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the completeness of your application and documentation.
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