O’Bannon Banking Company
O’Bannon Banking Company is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 3.5 stars across 24 Google reviews.
About O’Bannon Banking Company
O'Bannon Banking Company offers comprehensive SBA lending services tailored to small businesses seeking financial support. With a focus on the local Buffalo community, this bank provides various loan options to help entrepreneurs grow and succeed. Their expertise includes SBA 7(a) loans, which are ideal for working capital, equipment purchase, or refinancing existing debt. The bank's team is dedicated to guiding clients through the application process, ensuring they understand the requirements and benefits of SBA programs. Whether you're starting a new venture or expanding an existing business, O'Bannon Banking Company is committed to providing personalized solutions that meet your needs. Their experienced staff works closely with borrowers to facilitate smooth approval processes and timely funding. Located at 1347 S Ash St, they serve the regional area with a strong understanding of local market dynamics. The bank prides itself on its community-oriented approach and its ability to support small businesses at every stage of growth. If you're looking for a reliable partner to help secure SBA financing, O'Bannon Banking Company is a trusted choice in Buffalo, Missouri.
Common questions about O’Bannon Banking Company
What is this place and what can I find here?
This is a bank that offers SBA lending services, including SBA 7(a) loans, to small businesses in the Buffalo area. You can find assistance with loan applications, financial guidance, and support for business growth.
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 may be accommodated depending on availability.
What are the hours of operation?
O'Bannon Banking Company lobby hours vary by location: Buffalo Main operates 9:00 AM–4:00 PM Monday–Friday and 9:00 AM–12:00 PM Saturday; Springfield operates 9:00 AM–5:00 PM Monday–Friday (Saturday closed); other locations operate 9:00 AM–4:00 PM Monday–Friday (Saturday closed). Drive-thru hours extend to 5:30 PM weekdays and 12:00 PM Saturday across all branches. Confirm exact hours for your specific location with the bank.
Is there a fee to use this?
There are fees associated with loan processing and closing, which vary based on the loan specifics. These fees are disclosed during the application process.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small businesses in the regional area, with a focus on local entrepreneurs and residents of Buffalo, Missouri.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 640 is typically required, though specific requirements can vary depending on the loan and borrower profile.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 2 to 4 weeks, depending on the completeness of the application and the complexity of the loan.
Is this open on weekends?
O'Bannon Banking Company is partially open on Saturdays. The Buffalo Main location has a lobby open 9:00 AM–12:00 PM on Saturday, while drive-thru service is available 8:00 AM–12:00 PM Saturday at all locations. Other branch lobbies are closed weekends. Confirm weekend availability for your specific needs.
How do I get there and where do I park?
O’Bannon Banking Company is located at the address listed on this page — 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 O’Bannon Banking Company, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by O’Bannon Banking Company itself, which runs its own lending under its own ownership. If you work at O’Bannon Banking Company, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for O’Bannon Banking Company — 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 O’Bannon Banking Company before applying. If you represent O’Bannon Banking Company, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach O’Bannon Banking Company by phone at (417) 345-2251 or online at obannonbank.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 O’Bannon Banking Company before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, O’Bannon Banking Company 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 O’Bannon Banking Company 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 O’Bannon Banking Company participates in SBA Express depends on its specific SBA lending authority. Contact O’Bannon Banking Company 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. O’Bannon Banking Company 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. O’Bannon Banking Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask O’Bannon Banking Company 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 O’Bannon Banking Company 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 O’Bannon Banking Company 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 O’Bannon Banking Company 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. O’Bannon Banking Company weighs this case by case under its own policy, so be upfront about your history and ask O’Bannon Banking Company how it evaluates prior bankruptcies.