NSB Bank

This is a financial institution offering SBA loan programs designed to support small business growth. You can find information about loan options, application processes, and personalized assistance for your funding needs.

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

NSB Bank (Mason City West location) operates Monday-Thursday 9:00 AM to 4:00 PM and Friday 9:00 AM to 5:00 PM for lobby service; drive-thru is open Monday-Friday 8:30 AM to 5:00 PM and Saturday 8:30 AM to 12:00 PM. Hours vary by location; confirm with NSB Bank for your specific branch.

There are standard fees associated with SBA loans, including application and guarantee fees, which vary based on the loan amount and terms.

This institution primarily serves small businesses within its regional area, but offers SBA loan programs accessible to eligible businesses nationwide.

A minimum personal credit score of 620 is generally required for guarantors applying for SBA loans.

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

NSB Bank is closed Sundays. The Mason City West and Forest City locations offer Saturday drive-thru service 8:30 AM to 12:00 PM; other locations are closed weekends. Confirm with NSB Bank for your location's weekend availability.

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

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

You can reach NSB Bank at (641) 423-7638 or submit an inquiry through their contact form at nsbbank.com/contact-us. For SBA lending questions, confirm with NSB Bank's business lending department.

Based on its approved SBA loans, NSB Bank most often finances businesses in pharmacy & medical retail, construction & contractors, restaurants & food service, general retail, and manufacturing. This reflects NSB 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 NSB 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 NSB Bank participates in SBA Express depends on its specific SBA lending authority. Contact NSB Bank 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. NSB Bank 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. NSB Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask NSB 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 NSB 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 NSB 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 NSB 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. NSB Bank weighs this case by case under its own policy, so be upfront about your history and ask NSB Bank how it evaluates prior bankruptcies.