First Federal Community Bank, SSB

This is a community-focused bank offering SBA loan programs and personalized financial services to small businesses in the Paris, Texas area. You can find assistance with business financing, growth strategies, and expert guidance tailored to your needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours for general inquiries.

The bank typically operates from 8:30 AM to 5:00 PM, Monday through Friday. It's advisable to call ahead to confirm hours or schedule an appointment.

There are no fees to visit or inquire; however, specific loan products may have associated application or processing fees, which will be disclosed during the consultation.

The bank primarily serves residents and small business owners within the region, but eligibility for specific programs depends on meeting loan criteria.

A minimum personal credit score of around 640 is generally preferred, but approval depends on overall financial health and other qualifying factors.

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

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

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

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

You can reach First Federal Community Bank, SSB by phone at (903) 784-0881 or online at ffcbank.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 Federal Community Bank, SSB before relying on them.

Like most SBA lenders, First Federal Community Bank, SSB can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask First Federal Community Bank, SSB directly which industries 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 Federal Community Bank, SSB participates in SBA Express depends on its specific SBA lending authority. Contact First Federal Community Bank, SSB 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 Federal Community Bank, SSB 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 Federal Community Bank, SSB's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First Federal Community Bank, SSB 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 Federal Community Bank, SSB 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 Federal Community Bank, SSB 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 Federal Community Bank, SSB 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 Federal Community Bank, SSB weighs this case by case under its own policy, so be upfront about your history and ask First Federal Community Bank, SSB how it evaluates prior bankruptcies.