Oostburg State Bank
Oostburg State Bank is an active SBA lender in Wisconsin, a bank offering SBA-guaranteed small-business loans. Currently rated 4.2 stars across 21 Google reviews.
$66M
in SBA approvals since 2010
129
SBA loans funded
Manufacturing · Wholesale & Distribution · Real Estate & Property Management
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Oostburg State Bank
Oostburg State Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth and development. With a focus on personalized service, the bank provides various loan options including SBA 7(a) loans, which are ideal for working capital, equipment, and expansion needs. Their experienced lending team works closely with clients to understand their unique business goals and craft financing solutions that fit those needs. The bank’s commitment to community banking ensures a local touch with the expertise necessary to navigate SBA programs effectively. Whether you're a startup or an established business, Oostburg State Bank aims to facilitate your financial success with flexible terms and dedicated support. Their SBA program history highlights their longstanding experience in helping businesses secure funding, making them a reliable partner for your business growth plans. Located in Oostburg, WI, the bank is well-positioned to serve the local business community with personalized attention and tailored financial products.
Industries Oostburg State Bank finances
Business types Oostburg State Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Oostburg State Bank
What is this place and what can I find here?
This is a community-focused bank offering SBA loan programs and financial services tailored to small and medium-sized businesses. You can find personalized support for business financing needs, including SBA 7(a) loans, to help grow and expand your business.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-ins are also welcome during business hours.
What are the hours of operation?
Oostburg State Bank's lobby operates Monday through Friday, 8:30 AM to 5:00 PM, with drive-thru hours varying by day and location. Confirm exact hours with the bank for your specific branch.
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 used.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local residents and small business owners within the community, but they welcome inquiries from prospective clients seeking SBA financing.
What minimum personal credit score does this bank look for in a guarantor?
Typically, a minimum personal credit score of 650 is preferred, but this can vary based on the loan and borrower profile.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 30 to 45 days, depending on the completeness of the application and supporting documents.
Is this open on weekends?
Oostburg State Bank is open Saturday mornings from 8:00 AM to 11:30 AM (with variations by location), but closed Sundays. SBA lending staff availability on weekends may be limited; confirm with the bank.
How do I get there and where do I park?
Oostburg State Bank is located in Wisconsin — 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 Oostburg State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Oostburg State Bank itself, which runs its own lending under its own ownership. If you work at Oostburg State Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Oostburg State 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 Oostburg State Bank before applying. If you represent Oostburg State Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
Reach Oostburg State Bank at (920) 564-2336 for the Oostburg office, or use their online contact form at oostburgstate.bank/contact-us to request information about SBA lending.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Oostburg State Bank most often finances businesses in manufacturing, construction & contractors, automotive repair & services, medical practices & clinics, restaurants & food service, and wholesale & distribution. This reflects Oostburg State 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 Oostburg State Bank which sectors 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 Oostburg State Bank participates in SBA Express depends on its specific SBA lending authority. Contact Oostburg State 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. Oostburg State 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?
Oostburg State Bank offers New Business Loans and states they can help those starting a new business or looking to expand. Confirm specific eligibility requirements and collateral needs with the bank directly.
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 Oostburg State 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 Oostburg State 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 Oostburg State 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. Oostburg State Bank weighs this case by case under its own policy, so be upfront about your history and ask Oostburg State Bank how it evaluates prior bankruptcies.
