Armstrong Bank

This is a commercial bank that offers SBA loans and small business financing options designed to support entrepreneurs and business growth. You can find information about their loan programs, application process, and personalized support to help you secure funding for your business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins may be accommodated depending on availability. Contact the bank beforehand to confirm the best way to meet your needs.

Armstrong Bank's customer care phone support operates Monday to Friday 7 AM–9 PM and Saturday–Sunday 9 AM–5 PM. For branch hours, contact Armstrong Bank at (888) 680-2655 to confirm.

There are no fees to visit or inquire; however, loan applications and processing may involve fees such as guarantee fees, closing costs, and service charges depending on the specific loan program.

This bank primarily serves small business owners within its geographic region but welcomes inquiries from entrepreneurs nationwide interested in SBA financing options.

A minimum personal credit score of around 640 is typically preferred, but approval depends on overall creditworthiness and business financials.

The underwriting process generally takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Armstrong Bank's customer care phone support is available on weekends (Saturday–Sunday 9 AM–5 PM). For weekend branch availability, contact the bank at (888) 680-2655 to confirm.

Armstrong Bank is located in Oklahoma — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Armstrong Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Armstrong Bank itself, which runs its own lending under its own ownership. If you work at Armstrong Bank, you can claim this listing from this page to manage it.

The core details for Armstrong Bank — 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 Armstrong Bank before applying. If you represent Armstrong Bank, claim this listing to keep its information up to date.

You can reach Armstrong Bank by phone at (888) 680-2655 or online at armstrong.bank — 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 Armstrong Bank before relying on them.

Based on its approved SBA loans, Armstrong Bank most often finances businesses in general retail, automotive repair & services, restaurants & food service, manufacturing, childcare & early education, and construction & contractors. This reflects Armstrong Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Armstrong Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Armstrong Bank participates in SBA Express depends on its specific SBA lending authority. Contact Armstrong Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. Armstrong Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

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. Armstrong Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Armstrong Bank directly whether it considers start-up loans.

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 Armstrong Bank what down payment it expects for your specific commercial real estate purchase.

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 Armstrong Bank to spell out any prepayment penalties before you sign.

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 Armstrong Bank to confirm it qualifies and how to document it.

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. Armstrong Bank weighs this case by case under its own policy, so be upfront about your history and ask Armstrong Bank how it evaluates prior bankruptcies.