Sentinel Federal Credit Union

This is a financial institution offering SBA loan programs to small businesses, providing guidance and funding options to help grow and sustain your business.

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

Sentinel Federal Credit Union operates Tuesday through Saturday, 9:00 a.m. to 5:00 p.m., with ATMs, mobile, and online banking available 24/7. Please confirm with the lender.

There may be application and closing fees associated with SBA loans, but the exact fee structure will be discussed during the application process.

This service is primarily available to members of the credit union and local small business owners within the service region.

A minimum personal credit score of 620 is generally required to qualify for SBA loans through this lender.

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

Sentinel Federal Credit Union is open Saturdays 9:00 a.m. to 5:00 p.m. and closed Sundays. Contact the lender to confirm SBA lending staff weekend availability.

Sentinel Federal Credit Union is located at 441 N Ellsworth Rd, Box Elder, SD 57719. Parking information is not specified on their website; contact them for details.

This page is an independent directory listing for Sentinel Federal Credit Union, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Sentinel Federal Credit Union itself, which runs its own lending under its own ownership. If you work at Sentinel Federal Credit Union, you can claim this listing from this page to manage it.

The core details for Sentinel Federal Credit Union — 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 Sentinel Federal Credit Union before applying. If you represent Sentinel Federal Credit Union, claim this listing to keep its information up to date.

You can reach Sentinel Federal Credit Union by phone at (888) 923-1400 or online at sentinelfcu.org — 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 Sentinel Federal Credit Union before relying on them.

Like most SBA lenders, Sentinel Federal Credit Union 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 credit union sets its own industry preferences and may avoid sectors it considers higher risk. Ask Sentinel Federal Credit Union directly which industries 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 Sentinel Federal Credit Union participates in SBA Express depends on its specific SBA lending authority. Contact Sentinel Federal Credit Union 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 credit unions hold PLP status, but it varies by institution. Sentinel Federal Credit Union 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. Sentinel Federal Credit Union's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Sentinel Federal Credit Union 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 Sentinel Federal Credit Union 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 Sentinel Federal Credit Union 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 Sentinel Federal Credit Union 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. Sentinel Federal Credit Union weighs this case by case under its own policy, so be upfront about your history and ask Sentinel Federal Credit Union how it evaluates prior bankruptcies.