Home Loan State Bank
Home Loan State Bank is an active SBA lender in Colorado, a bank offering SBA-guaranteed small-business loans. Currently rated 5.0 stars across 8 Google reviews.
About Home Loan State Bank
Home Loan State Bank offers comprehensive SBA lending solutions tailored to meet the needs of small to medium-sized businesses. With a focus on supporting local entrepreneurs, the bank provides various loan programs including the SBA 7(a) loan, which is ideal for business expansion, equipment purchase, or working capital. Their experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Grand Junction, Colorado, the bank is committed to fostering economic growth within the community and beyond. They have a strong track record of approving substantial loans, with the largest recorded approval amount reaching up to $999,000. Whether you're a startup or an established business, Home Loan State Bank is equipped to help you secure the financing you need to succeed.
Common questions about Home Loan State Bank
What is this place and what can I find here?
This is a commercial bank that offers SBA loan programs and business financing solutions designed to support small and medium-sized enterprises in the region.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
What are the hours of operation?
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Is there a fee to use this?
There are no fees for simply visiting; fees may apply for certain services or loan processing.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and businesses within the region, but non-residents may also qualify depending on the loan program.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 is generally required, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Home Loan State 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 Home Loan State Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Home Loan State Bank is located in Colorado — 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 Home Loan State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Home Loan State Bank itself, which runs its own lending under its own ownership. If you work at Home Loan State Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Home Loan State 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 Home Loan State Bank before applying. If you represent Home Loan State Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Home Loan State Bank by phone at (970) 243-6600 or online at hlsb.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 Home Loan State Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Home Loan State Bank 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 Home Loan State Bank 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 Home Loan State Bank participates in SBA Express depends on its specific SBA lending authority. Contact Home Loan State 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. Home Loan State 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?
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. Home Loan State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Home Loan State Bank directly whether it considers start-up loans.
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 Home Loan State 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 Home Loan State 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 Home Loan State 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. Home Loan State Bank weighs this case by case under its own policy, so be upfront about your history and ask Home Loan State Bank how it evaluates prior bankruptcies.
