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The Stephenson National Bank and Trust

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Description

Offering comprehensive SBA lending options, The Stephenson National Bank and Trust provides tailored financial solutions to small businesses seeking growth capital. With a focus on supporting local entrepreneurs, this bank specializes in SBA 7(a) loans, helping businesses secure funding for expansion, equipment, or working capital needs. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Marinette, WI, they serve a diverse range of industries, emphasizing personalized service and flexible lending criteria. The bank’s expertise in SBA programs makes it a reliable partner for small business owners looking to leverage government-backed financing. Whether you’re a startup or an established enterprise, they offer competitive rates and a straightforward application process. Their commitment to community development and small business success is evident in their dedicated support and comprehensive loan offerings.

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Q&A

Lender Type
Commercial Bank
Google Rating
3
Google Review Count
12
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank that offers SBA loan programs to small businesses, helping them secure funding for growth and development. You can find personalized financial solutions, expert guidance, and support tailored to small business needs. They specialize in SBA 7(a) loans and serve entrepreneurs in the Marinette area and beyond.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Calling ahead can help streamline your visit and prepare necessary documentation.
Question 3
What are the hours of operation?
Answer 3
Typically, the bank operates from Monday to Friday, 9:00 AM to 5:00 PM. It is advisable to contact the branch directly for specific hours and to confirm appointment availability.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting with the bank, but loan applications and processing may involve fees such as origination or closing costs. These fees are disclosed upfront during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within its regional service area, though they may consider certain out-of-area applications based on specific circumstances.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred, though higher scores may improve loan terms and 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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