Hebron Savings Bank
Hebron Savings Bank is an active SBA lender in Maryland, a bank offering SBA-guaranteed small-business loans. Currently rated 4.7 stars across 9 Google reviews.
About Hebron Savings Bank
Hebron Savings Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various loan options including SBA 7(a) loans, which are ideal for working capital, equipment, and real estate purchases. Their experienced team guides clients through the application process, ensuring clarity and support at every step. Located in HEBRON, Maryland, the bank is committed to fostering local economic development and strengthening small business communities. They understand the unique challenges faced by small business owners and strive to deliver flexible financing solutions that align with their clients' goals. Whether you're starting a new venture or expanding an existing business, Hebron Savings Bank is equipped to help you secure the funding you need to succeed.
Industries Hebron Savings Bank finances
Business types Hebron Savings Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Hebron Savings Bank
What is this place and what can I find here?
This is a community-focused bank offering SBA loan programs and financial services designed to support small business growth and development in Maryland.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
What are the hours of operation?
Hebron Savings Bank's business hours are Monday through Thursday from 8:00 a.m. to 5:00 p.m., and Friday from 8:00 a.m. to 6:00 p.m. Please confirm current hours with the bank at (410) 749-1185.
Is there a fee to use this?
There may be application and guarantee fees associated with SBA loans, but consultation with the bank can provide specific details.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and small business owners in the HEBRON area and surrounding communities.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 or higher is generally preferred for loan consideration.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan application.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Hebron Savings 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 Hebron Savings Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Hebron Savings Bank is located in Maryland — 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.
Who owns or operates this listing?
This page is an independent directory listing for Hebron Savings Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Hebron Savings Bank itself, which runs its own lending under its own ownership. If you work at Hebron Savings Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Hebron Savings 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 Hebron Savings Bank before applying. If you represent Hebron Savings Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Hebron Savings Bank by phone at (410) 749-1185 or online at hebronsavingsbank.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 Hebron Savings Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Hebron Savings Bank most often finances businesses in hotels & lodging, restaurants & food service, and medical practices & clinics. This reflects Hebron Savings 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 Hebron Savings Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Hebron Savings Bank participates in SBA Express depends on its specific SBA lending authority. Contact Hebron Savings Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
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. Hebron Savings Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
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. Hebron Savings Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Hebron Savings Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Hebron Savings Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
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 Hebron Savings Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
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 Hebron Savings Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Hebron Savings Bank weighs this case by case under its own policy, so be upfront about your history and ask Hebron Savings Bank how it evaluates prior bankruptcies.
