Commercial Bank
Commercial Bank is an active SBA lender in Tennessee, a bank offering SBA-guaranteed small-business loans. Currently rated 3.2 stars across 25 Google reviews.
$28M
in SBA approvals since 2010
82
SBA loans funded
Manufacturing · Restaurants & Food Service · Gas Stations & Convenience
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Commercial Bank
Offering specialized financial services for small businesses, this bank provides SBA loan options designed to support growth and expansion. Whether you're seeking funding for equipment, real estate, or working capital, the institution has tailored solutions to meet diverse needs. With a focus on personalized service, they assist entrepreneurs in navigating the complexities of SBA programs, ensuring a smooth application process. Their experienced team understands the local market and offers guidance on eligibility, documentation, and approval timelines. The bank's commitment to small business success is reflected in their flexible lending criteria and competitive terms. They also provide resources and advice to help startups and established businesses alike achieve their goals. Located conveniently in Harrogate, TN, they serve the surrounding community with a comprehensive suite of financial products. Clients appreciate their responsiveness and dedication to fostering local economic growth. Whether you're a new business or looking to expand, this bank is equipped to support your ambitions with tailored SBA financing options.
Serves SBA borrowers in 3 states
Commercial Bank has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Commercial Bank finances
Business types Commercial Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Commercial Bank
What is this place and what can I find here?
This is a local bank in Harrogate, TN, offering SBA loan programs and financial services tailored for small businesses and entrepreneurs in the community.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours.
What are the hours of operation?
Commercial Bank's business hours are Monday through Thursday, 8:00 AM to 4:00 PM, and Friday 8:00 AM to 6:00 PM. Please confirm with Commercial Bank for location-specific or holiday variations.
Is there a fee to use this?
There are no fees for visiting the bank; fees may apply for certain financial transactions or services.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local residents and small business owners in the Harrogate area.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 650 is generally preferred for loan qualification.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of documentation and loan complexity.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Commercial Bank 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 Commercial Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Commercial Bank is located in Tennessee — 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.
Who owns or operates this listing?
This page is an independent directory listing for Commercial Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Commercial Bank itself, which runs its own lending under its own ownership. If you work at Commercial Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Commercial 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 Commercial Bank before applying. If you represent Commercial Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Commercial Bank by phone at (423) 869-5151 or online at cbtn.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 Commercial Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Commercial Bank most often finances businesses in restaurants & food service, construction & contractors, medical practices & clinics, and general retail. This reflects Commercial 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 Commercial Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Commercial Bank participates in SBA Express depends on its specific SBA lending authority. Contact Commercial Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
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. Commercial Bank 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?
Commercial Bank offers SBA loans for start-up businesses as an eligible use of loan proceeds. Confirm with Commercial Bank about any specific requirements or startup eligibility criteria.
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 Commercial Bank 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 Commercial Bank 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 Commercial Bank 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. Commercial Bank weighs this case by case under its own policy, so be upfront about your history and ask Commercial Bank how it evaluates prior bankruptcies.
