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The State Bank and Trust Company

The State Bank and Trust Company
The State Bank and Trust Company

Description

The State Bank and Trust Company offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on personalized service, this bank provides various loan options, including SBA 7(a) loans, to meet diverse business needs. Located in Defiance, Ohio, it serves local entrepreneurs and businesses, helping them access capital efficiently. The bank specializes in supporting small to medium-sized enterprises with flexible financing solutions, including working capital, equipment purchases, and real estate investments. Its experienced lending team guides clients through the application process, ensuring clarity and support at every step. The bank’s commitment to community development and small business success makes it a trusted partner in the region. Whether you’re starting a new venture or expanding an existing one, the bank offers tailored advice and competitive rates to help you achieve your goals. With a strong local presence, it understands the unique economic landscape of Defiance and the surrounding areas, making it an ideal choice for local business owners.

Location

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
7
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. You can find personalized support and guidance for your business funding 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.
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 the bank; however, loan application and processing fees may apply depending on the services utilized.
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 Defiance area, but non-residents may also qualify for certain services.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 640 is preferred, but higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 2 to 4 weeks, depending on the completeness of your application and documentation.
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