Greenville Federal
Greenville Federal is an active SBA lender in Ohio, a bank offering SBA-guaranteed small-business loans. Currently rated 4.3 stars across 62 Google reviews.
About Greenville Federal
Greenville Federal offers comprehensive SBA loan services tailored to small businesses seeking financial support for growth, expansion, or operational needs. As a trusted commercial bank, it specializes in SBA programs, including the popular 7(a) loan program, providing flexible financing options. The bank's experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on the Greenville community and beyond, Greenville Federal supports various industries, especially those aligned with NAICS code 561730, which pertains to landscaping services. Their loan offerings are designed to meet the unique needs of small business owners, whether they are startups or established enterprises. The bank prides itself on personalized service, competitive rates, and quick turnaround times for approved loans. Whether you're looking for working capital, equipment financing, or real estate loans, Greenville Federal is equipped to assist. They maintain a strong commitment to fostering local economic growth and helping entrepreneurs achieve their goals.
Common questions about Greenville Federal
What is this place and what can I find here?
This is Greenville Federal, a local commercial bank that provides SBA loan programs and financial services for small businesses. You can find assistance with business loans, growth capital, and expert guidance tailored to your needs.
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.
What are the hours of operation?
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.
Is there a fee to use this?
There are no fees to visit or consult with the bank, but loan applications and processing may involve standard fees and costs.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and residents in the Greenville region, but they welcome inquiries from new clients seeking SBA financing.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 650 is generally preferred for loan approval.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 2 to 4 weeks, depending on the completeness of your application and documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Greenville Federal 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 Greenville Federal to confirm current weekend availability before you go.
How do I get there and where do I park?
Greenville Federal is located in Ohio — 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 Greenville Federal, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Greenville Federal itself, which runs its own lending under its own ownership. If you work at Greenville Federal, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Greenville Federal — 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 Greenville Federal before applying. If you represent Greenville Federal, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Greenville Federal by phone at (937) 548-4158 or online at greenvillefederal.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 Greenville Federal before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Greenville Federal 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 Greenville Federal directly which industries 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 Greenville Federal participates in SBA Express depends on its specific SBA lending authority. Contact Greenville Federal 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. Greenville Federal 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?
Greenville Federal's EZ Line of Credit requires that the company must have been in business for two years, meaning startups do not qualify for this product; confirm with the lender about other potential financing options.
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 Greenville Federal 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 Greenville Federal 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 Greenville Federal 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. Greenville Federal weighs this case by case under its own policy, so be upfront about your history and ask Greenville Federal how it evaluates prior bankruptcies.
