First State Bank of Forsyth

This is a local SBA lender offering small business loans, banking services, and expert guidance to help entrepreneurs access capital and grow their businesses.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

First State Bank of Forsyth's lobby hours are 9:00 AM to 4:00 PM Monday through Thursday, and 9:00 AM to 5:00 PM on Friday. Drive-up hours are 8:15 AM to 4:30 PM Monday through Thursday, and 8:15 AM to 5:00 PM on Friday. Please confirm current hours with the bank.

Fees vary depending on the service or loan product; detailed fee information can be provided during the application process.

This bank primarily serves local residents and small businesses in Forsyth and the surrounding region.

A minimum personal credit score of 650 is generally preferred, but other factors are also considered during approval.

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of documentation and loan complexity.

Most banks keep weekday business hours and are closed on weekends, and First State Bank of Forsyth 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 First State Bank of Forsyth to confirm current weekend availability before you go.

First State Bank of Forsyth is located in Montana — 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 First State Bank of Forsyth, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by First State Bank of Forsyth itself, which runs its own lending under its own ownership. If you work at First State Bank of Forsyth, you can claim this listing from this page to manage it.

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

You can reach First State Bank of Forsyth by phone at (406) 346-2111 or online at firststatebankforsyth.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 First State Bank of Forsyth before relying on them.

Like most SBA lenders, First State Bank of Forsyth 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 First State Bank of Forsyth directly which industries 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 First State Bank of Forsyth participates in SBA Express depends on its specific SBA lending authority. Contact First State Bank of Forsyth 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. First State Bank of Forsyth 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. First State Bank of Forsyth's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First State Bank of Forsyth 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 First State Bank of Forsyth 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 First State Bank of Forsyth 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 First State Bank of Forsyth 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. First State Bank of Forsyth weighs this case by case under its own policy, so be upfront about your history and ask First State Bank of Forsyth how it evaluates prior bankruptcies.