Exchange Bank and Trust Company

This is a bank that offers SBA loans and small business financing solutions designed to help entrepreneurs grow and succeed.

It's recommended to schedule an appointment, but walk-ins are accepted depending on availability; contacting ahead ensures dedicated service.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.

There are standard fees associated with SBA loans, including application and closing costs, which vary based on the loan terms.

This bank primarily serves local residents and small businesses within the region, but eligibility depends on meeting lending criteria.

A minimum personal credit score of approximately 640 is typically required for loan consideration.

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

Most banks keep weekday business hours and are closed on weekends, and Exchange Bank and Trust Company 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 Exchange Bank and Trust Company to confirm current weekend availability before you go.

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

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

You can reach Exchange Bank and Trust Company by phone at (580) 336-5531 or online at easybanking.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 Exchange Bank and Trust Company before relying on them.

Based on its approved SBA loans, Exchange Bank and Trust Company most often finances businesses in restaurants & food service. This reflects Exchange Bank and Trust Company'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 Exchange Bank and Trust Company which sectors it actively lends to before you apply.

Exchange Bank and Trust Company offers SBA Express loans up to $350,000 with a simplified process and expedited lender decision-making, with interest rates of prime + 6.5% for loans under $50,000 or prime + 4.75% for loans $50,000 and above. Confirm current terms and eligibility directly with the bank.

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. Exchange Bank and Trust Company 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. Exchange Bank and Trust Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Exchange Bank and Trust Company 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 Exchange Bank and Trust Company 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 Exchange Bank and Trust Company 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 Exchange Bank and Trust Company 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. Exchange Bank and Trust Company weighs this case by case under its own policy, so be upfront about your history and ask Exchange Bank and Trust Company how it evaluates prior bankruptcies.