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First Federal Community Bank National Association

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Description

First Federal Community Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or operational needs. With a focus on personalized service, they assist clients through the SBA 7(a) loan program, providing funding solutions up to $50,000 and beyond. Their experienced team guides borrowers through the application process, ensuring clarity and efficiency. Located in Dover, Ohio, the bank emphasizes community banking with a strong commitment to local economic development. They support various industries, especially those aligned with their primary NAICS code 238210, which pertains to specialty trade contractors. The bank’s approach combines traditional banking values with specialized SBA expertise, making them a reliable partner for small business owners looking for flexible financing options.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
10
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs and personalized financial services to support small businesses in the Dover area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment, but walk-ins are welcome during business hours for basic inquiries and consultations.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
Fees may apply depending on the loan type and amount; specific fee details are provided during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Dover community.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 is generally preferred, but final decisions depend on overall creditworthiness.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes between 30 to 45 days, depending on the completeness of documentation and loan complexity.
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