Lone Oak Bank National Association

This is a financial institution offering SBA loan programs and small business banking services to help entrepreneurs grow and succeed.

It is recommended to schedule an appointment, but walk-ins are also welcome during business hours.

The bank is open from 9:00 AM to 5:00 PM, Monday through Friday.

There are standard fees associated with SBA loans, which vary depending on the loan type and amount.

This bank primarily serves local small business owners and residents within the community.

A minimum credit score of 620 is generally required for guarantors.

The underwriting process typically takes between 30 to 60 days, depending on the completeness of the application and documentation.

Most banks keep weekday business hours and are closed on weekends, and Lone Oak Bank National Association 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 Lone Oak Bank National Association to confirm current weekend availability before you go.

Lone Oak Bank National Association 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 Lone Oak Bank National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Lone Oak Bank National Association itself, which runs its own lending under its own ownership. If you work at Lone Oak Bank National Association, you can claim this listing from this page to manage it.

The core details for Lone Oak Bank National Association — 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 Lone Oak Bank National Association before applying. If you represent Lone Oak Bank National Association, claim this listing to keep its information up to date.

You can reach Lone Oak Bank National Association by phone at (325) 853-2561 or online at fnbeldorado.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 Lone Oak Bank National Association before relying on them.

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