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Sutton Bank

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Description

Sutton Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or operational needs. With a focus on facilitating access to capital, the bank provides various SBA loan programs, including the popular 7(a) program, to help businesses secure funding with favorable terms. Located at 1 S Main St in Attica, OH, Sutton Bank is dedicated to serving the local community and beyond, offering personalized service and expert guidance throughout the loan process. Their team works closely with clients to understand their unique needs and craft solutions that align with their business goals. Whether you’re a startup or an established enterprise, Sutton Bank strives to be a reliable partner in your business journey, providing flexible financing options and responsive support. The bank’s expertise in SBA lending ensures that borrowers can access loans up to $45900, with streamlined approval processes designed to meet small business needs efficiently. With a history of supporting small businesses through the SBA 7(a) program, Sutton Bank remains committed to fostering economic growth and entrepreneurship in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.1
Google Review Count
72
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that provides SBA loan services to small businesses, helping them secure financing for various needs with personalized support and flexible terms.
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 may be accommodated depending on staff availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the bank operates during regular business hours from Monday to Friday, 9 am to 5 pm, but it"s best to call ahead for specific hours.
Question 4
Is there a fee to use this?
Answer 4
Fees are associated with loan processing and closing costs, which vary based on the loan specifics and are disclosed upfront.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners and entrepreneurs within the bank"s regional service area who meet the lending criteria.
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 recommended, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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