First State Bank and Trust Company Inc

This is a community bank offering SBA loan programs and small business financing solutions tailored to local entrepreneurs and businesses in Missouri.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.

The bank operates Monday through Friday from 9:00 AM to 4:00 PM, with extended hours by appointment.

There are no fees to visit or inquire; however, loan processing and application fees may apply depending on the loan terms.

This bank primarily serves residents and small business owners within Missouri, focusing on local community support.

A minimum personal credit score of approximately 650 is generally preferred for loan approval.

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

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

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

The core details for First State Bank and Trust Company Inc — 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 State Bank and Trust Company Inc before applying. If you represent First State Bank and Trust Company Inc, claim this listing to keep its information up to date.

You can reach First State Bank and Trust Company Inc by phone at (573) 333-1700 or online at fsbtrust.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 State Bank and Trust Company Inc before relying on them.

Like most SBA lenders, First State Bank and Trust Company Inc 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 State Bank and Trust Company Inc 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 State Bank and Trust Company Inc participates in SBA Express depends on its specific SBA lending authority. Contact First State Bank and Trust Company Inc 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 State Bank and Trust Company Inc 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 State Bank and Trust Company Inc's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First State Bank and Trust Company Inc 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 State Bank and Trust Company Inc 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 State Bank and Trust Company Inc 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 State Bank and Trust Company Inc 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 State Bank and Trust Company Inc weighs this case by case under its own policy, so be upfront about your history and ask First State Bank and Trust Company Inc how it evaluates prior bankruptcies.