Go Back
Report Abuse

Pan American Bank & Trust

photo-1018.jpg
photo-1018.jpg

Description

Offering comprehensive SBA loan services, this financial institution specializes in supporting small businesses with funding options tailored to their growth needs. With a focus on SBA 7(a) loans, they assist entrepreneurs in securing capital for various purposes including expansion, equipment purchase, and working capital. The bank provides personalized guidance throughout the application process, ensuring clients understand the terms and requirements. Their experienced team is committed to helping businesses navigate the complexities of SBA lending and achieve their financial goals. Located in Melrose Park, IL, they serve local and regional clients, fostering economic development within the community. Whether you’re a startup or an established enterprise, they offer flexible lending solutions designed to meet diverse business needs. The bank’s commitment to customer service and financial expertise makes them a trusted partner for small business owners seeking reliable SBA financing.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
2
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing solutions, helping entrepreneurs secure capital for growth and operations.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There may be application and processing fees associated with SBA loans, which vary depending on the loan specifics.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
The services are primarily available to small business owners within the region, though eligibility depends on meeting specific criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is typically required, but approval depends on overall financial strength.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Scroll to Top