Lyons Federal Bank
Lyons Federal Bank is an active SBA lender in Kansas, a bank offering SBA-guaranteed small-business loans. Currently rated 4.7 stars across 6 Google reviews.
About Lyons Federal Bank
Lyons Federal Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the local Lyons community and surrounding areas, the bank provides expertise in SBA 7(a) loans, helping entrepreneurs access funding with favorable terms and flexible repayment options. Their team is dedicated to guiding clients through the application process, ensuring clarity and support at every step. Whether you're looking to purchase equipment, real estate, or working capital, Lyons Federal Bank has the resources to assist. The bank's commitment to personalized service makes it a trusted partner for local business owners aiming to achieve their financial goals. They also offer guidance on other SBA programs, ensuring a broad spectrum of options for diverse business needs. The bank's experienced staff understands the nuances of SBA lending and strives to simplify the process for applicants, making funding accessible and straightforward. With a history of supporting local economic development, Lyons Federal Bank is a reliable choice for businesses in the region seeking SBA-backed financing solutions.
Common questions about Lyons Federal Bank
What is this place and what can I find here?
This is Lyons Federal Bank, a local financial institution offering SBA loan programs and personalized banking services to support small business growth and development in Lyons, Kansas.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment for SBA loan consultations, but walk-in visits are also accepted during business hours for general inquiries.
What are the hours of operation?
The bank operates Monday through Friday from 8:30 AM to 5:00 PM, with additional hours by appointment on request.
Is there a fee to use this?
There are no fees for visiting the bank; however, loan processing and application fees may apply depending on the services utilized.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and small business owners in Lyons and the surrounding areas, but services are available to qualified applicants from broader regions as well.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 650 is generally preferred, though other factors are also considered during the approval process.
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 completeness of the application and supporting documents.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Lyons Federal 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 Lyons Federal Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Lyons Federal Bank is located in Kansas — 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 Lyons Federal Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Lyons Federal Bank itself, which runs its own lending under its own ownership. If you work at Lyons Federal Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Lyons Federal 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 Lyons Federal Bank before applying. If you represent Lyons Federal Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Lyons Federal Bank by phone at (620) 257-2316 or online at lyonsfed.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 Lyons Federal Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Lyons Federal 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 Lyons Federal 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 Lyons Federal Bank participates in SBA Express depends on its specific SBA lending authority. Contact Lyons Federal 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. Lyons Federal 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. Lyons Federal Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Lyons Federal 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 Lyons Federal 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 Lyons Federal 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 Lyons Federal 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. Lyons Federal Bank weighs this case by case under its own policy, so be upfront about your history and ask Lyons Federal Bank how it evaluates prior bankruptcies.
