Pendleton Community Bank Inc

This is a local bank that offers SBA loans and small business financing options designed to support your business growth in Franklin, West Virginia.

You can walk in during business hours or schedule an appointment with a loan officer to discuss your financing needs.

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

There may be fees associated with loan processing and closing, but there is no fee to simply visit or inquire about services.

This bank primarily serves small business owners and residents of the Franklin area, but eligibility depends on meeting loan criteria.

A minimum personal credit score of 620 is generally required for loan consideration.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of your application and documentation.

Most banks keep weekday business hours and are closed on weekends, and Pendleton Community Bank Inc 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 Pendleton Community Bank Inc to confirm current weekend availability before you go.

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.

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.

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.

You can reach Pendleton Community Bank Inc by phone at (304) 358-2311 or online at yourbank.bank — 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 Pendleton Community Bank Inc before relying on them.

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.

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.

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. Pendleton Community Bank Inc 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. 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.

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.

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.

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.

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.