First Commonwealth Bank

This is a bank that provides SBA loan programs to small businesses, offering personalized financing solutions to support growth and operational needs. You can find assistance with loan applications, guidance on eligibility, and access to funding options tailored to your business goals.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in visits are also accommodated depending on availability. Contact the branch ahead of time to confirm the best way to meet your needs.

The branch typically operates from 9:00 AM to 5:00 PM, Monday through Friday. It's advisable to call ahead to confirm hours or schedule an appointment outside regular hours if needed.

There are no fees for simply visiting the branch or speaking with a loan officer. However, loan applications and processing may involve certain fees depending on the specific financing arrangement.

This bank primarily serves local residents and small business owners in the Indiana, PA area. Eligibility for certain programs may depend on residency or business location within the region.

A minimum personal credit score of around 640 is generally preferred, though higher scores can improve approval chances and loan terms.

The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of the application.

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

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

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

You can reach First Commonwealth Bank by phone at (724) 463-8555 or online at fcbanking.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 First Commonwealth Bank before relying on them.

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