Wheaton Bank & Trust Company, National Association
Wheaton Bank & Trust Company, National Association is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 4.1 stars across 46 Google reviews.
$78M
in SBA approvals since 2010
135
SBA loans funded
Wholesale & Distribution · Construction & Contractors · Manufacturing
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Wheaton Bank & Trust Company, National Association
Offering comprehensive SBA financing options, this commercial bank specializes in supporting small businesses with loans up to $175,000. With a focus on the WHEATON area, it provides tailored solutions for startups and established enterprises alike, leveraging its extensive experience with the SBA 7(a) program. The bank's services include business loans, lines of credit, and other financial products designed to foster growth and stability for local businesses. Its dedicated team understands the unique needs of small business owners and offers personalized guidance through the loan process, ensuring a smooth experience from application to funding. Whether you're seeking initial startup capital or expansion funding, this institution is equipped to assist with flexible terms and competitive rates. The bank's commitment to the community is reflected in its support for various industries, with particular strength in professional services and retail sectors. Its strategic location in WHEATON enables it to serve a broad geographic area, including neighboring suburbs and small towns. Clients benefit from knowledgeable staff who provide clear explanations of loan options, eligibility requirements, and the application process. This bank is a trusted partner for small business owners looking to secure SBA-backed financing to achieve their business goals.
Common questions about Wheaton Bank & Trust Company, National Association
What is this place and what can I find here?
This is a commercial bank that offers SBA-backed loans and financial services designed to support small businesses in the WHEATON area. You can find assistance with business financing, including loans, lines of credit, and guidance on SBA programs. The staff provides personalized support to help entrepreneurs secure the funding they need to grow and succeed.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline the process and prepare necessary documents.
What are the hours of operation?
The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Special hours may apply on holidays or for specific services, so it's best to contact the branch directly for confirmation.
Is there a fee to use this?
There are no fees for simply consulting or applying for SBA loans; however, standard loan fees and interest rates apply. The bank provides clear disclosures of all applicable charges upfront.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and entrepreneurs in the WHEATON region and surrounding areas. While it welcomes all eligible applicants, priority is given to local residents and businesses within its service area.
What minimum personal credit score does this bank look for in a guarantor?
Typically, a minimum personal credit score of 640 is preferred, but higher scores may improve approval chances and better loan terms.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes 2 to 4 weeks, depending on the completeness of the application and the complexity of the loan request.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Wheaton Bank & Trust Company, National Association typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Wheaton Bank & Trust Company, National Association to confirm current weekend availability before you go.
How do I get there and where do I park?
Wheaton Bank & Trust's Wheaton branch location features dedicated parking lots for customer convenience.
Who owns or operates this listing?
This page is an independent directory listing for Wheaton Bank & Trust Company, National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Wheaton Bank & Trust Company, National Association itself, which runs its own lending under its own ownership. If you work at Wheaton Bank & Trust Company, National Association, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Wheaton Bank & Trust Company, National Association — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Wheaton Bank & Trust Company, National Association before applying. If you represent Wheaton Bank & Trust Company, National Association, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Wheaton Bank & Trust Company, National Association by phone at (630) 690-1800 or online at wheatonbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Wheaton Bank & Trust Company, National Association before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Wheaton Bank & Trust Company, National Association can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Wheaton Bank & Trust Company, National Association directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
Wheaton Bank & Trust offers SBA Express loans up to $500,000 with expedited turnaround and lower down payments on fixed-asset loans — contact the bank directly to confirm eligibility and current terms.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Wheaton Bank & Trust Company, National Association can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Wheaton Bank & Trust Company, National Association's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Wheaton Bank & Trust Company, National Association directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Wheaton Bank & Trust Company, National Association what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Wheaton Bank & Trust Company, National Association to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Wheaton Bank & Trust Company, National Association to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Wheaton Bank & Trust Company, National Association weighs this case by case under its own policy, so be upfront about your history and ask Wheaton Bank & Trust Company, National Association how it evaluates prior bankruptcies.