OMB Bank

This is a commercial bank offering SBA loan programs designed to support small and medium-sized businesses. You can find information about loan options, application processes, and assistance with business financing needs.

It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit.

OMB Bank's customer service hours are Monday through Friday from 7:30 a.m. to 6:00 p.m. CT, with Saturday hours from 9:00 a.m. to 12:00 p.m. CT. Please confirm these hours and verify any branch-specific variations.

There are no fees for simply visiting or consulting with the bank. Fees are associated with loan processing, application, and closing costs, which are disclosed during the loan application process.

This bank primarily serves local residents and businesses in the Springfield area, but they also support clients from surrounding regions seeking SBA financing.

A minimum personal credit score of 640 is generally preferred, but the bank considers other factors such as business performance and collateral when evaluating applications.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of the application.

Yes, OMB Bank is open on Saturday from 9:00 a.m. to 12:00 p.m. CT. Please confirm this applies to your local OMB Bank branch.

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

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

You can reach OMB Bank by phone at (417) 851-0184 or online at ombbank.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 OMB Bank before relying on them.

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