Pine River State Bank

This is a community-focused bank offering SBA loan programs and small business financing solutions to local entrepreneurs and business owners.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

Pine River State Bank's hours vary by location and access type. The main Pine River location offers lobby hours Monday–Thursday 8:30 AM–4:00 PM and Friday 8:30 AM–5:00 PM, with extended drive-up hours Monday–Friday 7:30 AM–5:00 PM and Saturday 8:30 AM–12:00 PM. Confirm with your local branch for exact hours.

There are no fees for simply visiting the bank; fees may apply for certain services or loan processing.

This bank primarily serves local residents and small business owners within the community, but they welcome new clients with qualifying applications.

A minimum personal credit score of around 650 is typically required, though this can vary based on the loan specifics.

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

Pine River State Bank is closed on Sundays but offers limited Saturday hours at all branches. Drive-up service is available Saturday 8:30 AM–12:00 PM, and 24-hour ATM access is available at all locations. Confirm with Pine River State Bank for full weekend availability.

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

The core details for Pine River State Bank — 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 Pine River State Bank before applying. If you represent Pine River State Bank, claim this listing to keep its information up to date.

You can reach Pine River State Bank by phone at (218) 587-4463 or online at pineriverstatebank.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 Pine River State Bank before relying on them.

Based on its approved SBA loans, Pine River State Bank most often finances businesses in transportation & trucking. This reflects Pine River State Bank'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 Pine River State Bank 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 Pine River State Bank participates in SBA Express depends on its specific SBA lending authority. Contact Pine River State Bank 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. Pine River State Bank 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. Pine River State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Pine River State Bank 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 Pine River State Bank 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 Pine River State Bank 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 Pine River State Bank 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. Pine River State Bank weighs this case by case under its own policy, so be upfront about your history and ask Pine River State Bank how it evaluates prior bankruptcies.