Go Back
Report Abuse

The Park National Bank

photo-534.jpg
photo-534.jpg

Description

The Park National Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, they provide various loan options including SBA 7(a) loans, which are ideal for business acquisition, working capital, and equipment financing. Their experienced team guides clients through the application process, ensuring clarity and support at every step. Located in Newark, Ohio, the bank has a strong local presence and a reputation for building lasting client relationships. They support a broad range of industries, with particular expertise in sectors like services, retail, and professional practices. The bank emphasizes flexible terms, competitive rates, and quick turnaround times to help businesses achieve their goals efficiently. Whether you’re a startup or an established enterprise, The Park National Bank is committed to providing the financial tools necessary for success.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
71
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and personalized banking services to support small and medium-sized businesses in the Newark area. You can find assistance with business financing, loan applications, and financial planning tailored to your needs.
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 for quick inquiries and initial consultations.
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 some services available by appointment outside these hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting the branch; however, loan processing and service fees may apply depending on the specific financial products used.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and businesses within the Newark area, but they also support clients from surrounding regions seeking SBA financing.
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 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 loan and completeness of documentation.
Scroll to Top