Plains State Bank

This is Plains State Bank, a community-focused financial institution offering SBA loan programs and small business financing solutions to help entrepreneurs grow and succeed.

It's recommended to schedule an appointment to ensure dedicated service, but walk-in consultations may also be available during business hours.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday, with appointments available outside regular hours upon request.

There are no fees for initial consultations; however, loan processing and closing fees may apply depending on the financing arrangement.

This bank primarily serves small business owners and entrepreneurs within the community, though some services may be available to non-residents with qualifying criteria.

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 complexity of the loan and completeness of application materials.

Most banks keep weekday business hours and are closed on weekends, and Plains State Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Plains State Bank to confirm current weekend availability before you go.

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

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

You can reach Plains State Bank by phone at (713) 559-6800, by email at customerservice@psbplains.com, or online at psbplains.com. For SBA loans specifically, ask for their business lending department. Confirm details directly with the bank.

Based on its approved SBA loans, Plains State Bank most often finances businesses in hotels & lodging, childcare & early education, automotive repair & services, restaurants & food service, salons, spas & personal care, and manufacturing. This reflects Plains 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 Plains State 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 Plains State Bank participates in SBA Express depends on its specific SBA lending authority. Contact Plains State Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Plains State Bank is a Preferred Small Business Administration SBA Lender, meaning it has authority to approve SBA-backed loans in-house with faster decisions. Confirm current PLP status directly with the bank.

Plains State Bank works with startups that have solid business plans and clear capital needs, using SBA-guaranteed programs to help access longer terms and more flexible down payments. Discuss your startup profile with the bank.

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 Plains State 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 Plains State 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 Plains State 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. Plains State Bank weighs this case by case under its own policy, so be upfront about your history and ask Plains State Bank how it evaluates prior bankruptcies.