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PS Bank

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Description

PS Bank offers comprehensive SBA loan services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the local community, this bank provides flexible lending options, including the SBA 7(a) program, to help entrepreneurs access the capital they need. Their experienced team guides clients through the application process, ensuring clarity and support at every step. Whether you’re looking to purchase equipment, expand your premises, or improve cash flow, PS Bank can assist with loans up to $250,000 and beyond, backed by their strong understanding of SBA lending guidelines. The bank’s commitment to personalized service makes it an ideal partner for local businesses aiming to succeed and thrive in the regional economy. Their expertise in SBA programs ensures that borrowers receive competitive terms and responsive support throughout their borrowing journey.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.8
Google Review Count
9
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs to small and regional businesses, providing financing options for growth, expansion, and operational needs with personalized support.
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 are no fees for applying for SBA loans; however, standard loan fees and closing costs may apply.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the region, but non-residents may also qualify based on loan 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 between 2 to 4 weeks, depending on the completeness of documentation and loan complexity.
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