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Lone Star National Bank

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Description

Lone Star National Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on the Texas region, the bank provides SBA 7(a) loans, which are ideal for a variety of purposes such as working capital, equipment purchase, or real estate acquisition. The bank’s experienced team guides clients through the application process, ensuring they understand the requirements and benefits of SBA financing. Their lending solutions are designed to help small businesses succeed by providing flexible terms and competitive rates. Whether you’re a startup or an established business, Lone Star National Bank is committed to supporting your financial goals with personalized service and SBA expertise. The bank’s primary NAICS code of 448120 indicates a specialization in retail trade, particularly in clothing stores, but their SBA offerings serve a broad range of industries. They have approved loans up to $25,000, demonstrating their capacity to support small-scale needs efficiently. Located at 206 W Ferguson in Pharr, TX, the bank is well-positioned to serve local entrepreneurs and small business owners looking for reliable SBA financing options.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.7
Google Review Count
24
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs and financial services tailored for small businesses, including support for startups and growth projects in the Texas region.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9 AM to 5 PM; hours may vary on holidays, so it"s best to call ahead.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the branch, but loan application and processing fees may apply depending on the service.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within the Texas region, but some services may be available to non-residents with qualifying criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally required for loan consideration.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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