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The Bippus State Bank

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Description

Offering comprehensive SBA financing options, The Bippus State Bank specializes in supporting small businesses through various loan programs. With a focus on serving local entrepreneurs, this bank provides tailored lending solutions to help startups and established companies grow. Their expertise includes SBA 7(a) loans, which are ideal for working capital, equipment purchases, and business expansion. The bank’s experienced team guides clients through the application process, ensuring clarity and support at every step. Located in Huntington, Indiana, they are committed to fostering economic development within the community and beyond. Whether you’re seeking a loan for a new venture or to expand an existing business, The Bippus State Bank offers personalized service to meet your financial needs. Their strong relationships with SBA and local business communities make them a trusted partner for small business financing.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
107
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and small business financing solutions tailored to entrepreneurs and growing companies in the Huntington area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or inquire; fees apply only when applying for and closing a loan.
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 community and surrounding areas.
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 preferred, though other factors may also be considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and supporting documents.
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