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First Fed Bank

First Fed Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or startup needs. With a focus on the Port Angeles community and beyond, this financial institution provides flexible loan options through the SBA 7(a) program, helping entrepreneurs access capital with favorable terms. Their experienced team guides clients through the application process, ensuring clarity and efficiency from initial inquiry to loan closing. Whether you’re looking to purchase equipment, expand operations, or improve cash flow, First Fed Bank is committed to supporting your business goals with personalized service and competitive rates. The bank’s expertise in SBA lending makes it a reliable partner for small business owners across various industries, emphasizing local economic development and community support.

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Lender Type

Commercial Bank

Google Rating

2.4

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a financial institution offering SBA loan programs and small business banking services, where you can find support for your business financing 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 service, but walk-ins are also accommodated during business hours.

Question 3

What are the hours of operation?

Answer 3

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday, with potential variations on holidays.

Question 4

Is there a fee to use this?

Answer 4

There may be fees associated with certain banking services or loan processing, which will be disclosed during the application process.

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 region, though specific eligibility criteria apply.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

Typically, a minimum personal credit score of 640 is preferred, but other factors are also considered during underwriting.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The process usually takes approximately 30 to 45 days, depending on the completeness of your application and documentation.

First Fed Bank

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