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Security State Bank

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Description

Security State Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or operational needs. With a focus on personalized service, the bank provides SBA 7(a) loans up to $250,000, helping entrepreneurs access capital efficiently. Their team specializes in guiding clients through the application process, ensuring clarity and support every step of the way. Located in Basin, WY, they serve local businesses with a commitment to fostering economic development and community prosperity. The bank’s expertise extends to various industries, with a strong emphasis on supporting small enterprises in the region. Whether you’re starting a new venture or expanding an existing business, Security State Bank is equipped to help you meet your financial goals with flexible loan options and dedicated customer service.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
8
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank that provides SBA loan options and financial services tailored to small businesses in the Basin area, helping entrepreneurs access capital for growth and development.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9 AM to 5 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic banking services, but loan processing and origination may involve applicable charges.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Basin region.
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 generally preferred, though qualifications may vary.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 2 to 4 weeks, depending on the loan complexity and completeness of application materials.
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