Mid Penn Bank

This is a local bank specializing in SBA loans and small business financing. You can find information about loan options, application processes, and personalized support for your business growth needs.

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

Mid Penn Bank's Millersburg location is open Monday–Wednesday 9 AM–4 PM, Thursday–Friday 9 AM–5 PM, and Saturday 9 AM–12 PM; closed Sunday. Please confirm these hours with the branch.

There are application and closing fees associated with loans, which are disclosed upfront during the application process.

This bank primarily serves local businesses and residents within the region, but they welcome inquiries from new clients seeking SBA financing.

A minimum personal credit score of 620 is generally required to qualify for SBA loans.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the loan and completeness of documentation.

Mid Penn Bank's Millersburg location is open Saturday mornings 9 AM–12 PM but closed on Sunday. SBA lending staff availability on Saturday should be confirmed.

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

The core details for Mid Penn 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 Mid Penn Bank before applying. If you represent Mid Penn Bank, claim this listing to keep its information up to date.

You can reach the Millersburg branch Financial Center Manager, Pamela Keefer, at pam.keefer@midpennbank.com or call (717) 692-7100. Confirm current contact details with Mid Penn Bank.

Based on its approved SBA loans, Mid Penn Bank most often finances businesses in restaurants & food service, general retail, construction & contractors, wholesale & distribution, manufacturing, and medical practices & clinics. This reflects Mid Penn Bank'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 Mid Penn Bank which sectors 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 Mid Penn Bank participates in SBA Express depends on its specific SBA lending authority. Contact Mid Penn Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Yes, Mid Penn Bank holds Preferred Lender Program (PLP) status with the SBA, which enables streamlined in-house loan approvals with faster turnaround. Confirm current PLP status with the lender.

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