Primesouth Bank

This is a commercial bank offering SBA loan programs designed to help small businesses grow and succeed. You can find financing options, expert guidance, and personalized support for your business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.

Most PrimeSouth Bank locations operate Monday–Thursday 9:00 AM to 4:30 PM and Friday 9:00 AM to 5:00 PM for both lobby and drive-through service; drive-through hours vary slightly at some locations. Please confirm exact hours for your specific branch and confirm with the bank before visiting.

There are no fees to access basic information; however, loan processing and application fees may apply during the lending process.

This bank primarily serves small business owners and entrepreneurs within the regional community, but eligibility depends on meeting loan criteria.

A minimum personal credit score of 640 is generally preferred, but other factors are also considered.

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

No, PrimeSouth Bank is closed on weekends. All locations are closed on Saturday and Sunday. Please confirm with the bank for any exceptions.

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

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

You can reach Primesouth Bank by phone at (912) 449-6685 or online at primesouth.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 Primesouth Bank before relying on them.

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