Pendleton Community Bank Inc
Pendleton Community Bank Inc is an active SBA lender in West Virginia, a bank offering SBA-guaranteed small-business loans. Currently rated 4.7 stars across 49 Google reviews.
$18M
in SBA approvals since 2010
60
SBA loans funded
Automotive Repair & Services · Manufacturing · Auto Dealers & Sales
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Pendleton Community Bank Inc
Pendleton Community Bank Inc is an SBA 7(a) and/or 504 lender with 60 approved SBA loans totaling $18M in 2 states since fiscal year 2010, per U.S. SBA FOIA records. Top industries financed: Automotive Repair & Services, Manufacturing, Auto Dealers & Sales. Contact the bank directly for current programs and terms.
Serves SBA borrowers in 2 states
Pendleton Community Bank Inc has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Pendleton Community Bank Inc finances
Business types Pendleton Community Bank Inc actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Pendleton Community Bank Inc
What is this place and what can I find here?
This is a local bank that offers SBA loans and small business financing options designed to support your business growth in Franklin, West Virginia.
Do I need an appointment or can I walk in?
Ask Pendleton Community Bank Inc directly — some branches take walk-ins, others book SBA conversations by appointment.
What are the hours of operation?
Hours vary by branch and change. Check Pendleton Community Bank Inc's website or call before you visit.
Is there a fee to use this?
Browsing this directory is free. Any loan fees are set by Pendleton Community Bank Inc and the SBA program — ask the lender for its current schedule.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and residents of the Franklin area, but eligibility depends on meeting loan criteria.
What minimum personal credit score does this bank look for in a guarantor?
Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Pendleton Community Bank Inc what it looks for today.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of your application and documentation.
Is this open on weekends?
Most bank SBA teams work weekdays; confirm with Pendleton Community Bank Inc before planning a weekend visit.
How do I get there and where do I park?
Pendleton Community Bank Inc is located in West Virginia — 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 Pendleton Community Bank Inc, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Pendleton Community Bank Inc itself, which runs its own lending under its own ownership. If you work at Pendleton Community Bank Inc, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Pendleton Community Bank 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 Pendleton Community Bank Inc before applying. If you represent Pendleton Community Bank Inc, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Pendleton Community Bank Inc by phone at (304) 358-2311 or online at www.yourbank.bank — the same details are in the contact card on this page.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Pendleton Community Bank Inc most often finances businesses in transportation & trucking and automotive repair & services. This reflects Pendleton Community Bank Inc'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 Pendleton Community Bank Inc 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 Pendleton Community Bank Inc participates in SBA Express depends on its specific SBA lending authority. Contact Pendleton Community Bank Inc 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?
Whether Pendleton Community Bank Inc has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.
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. Pendleton Community Bank Inc's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Pendleton Community Bank Inc 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 Pendleton Community Bank Inc 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 Pendleton Community Bank Inc 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 Pendleton Community Bank Inc 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. Pendleton Community Bank Inc weighs this case by case under its own policy, so be upfront about your history and ask Pendleton Community Bank Inc how it evaluates prior bankruptcies.
