Sullivan Bank

This is Sullivan Bank, a community-focused financial institution offering SBA loan programs and small business financing solutions. You can find expert guidance on securing funding for your business growth, expansion, or operational needs, along with personalized service tailored to local entrepreneurs.

It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins are also welcome during business hours. Calling ahead can help you prepare and streamline the process.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Appointments outside regular hours can be arranged upon request.

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

This bank primarily serves local residents and small business owners within the community, but they also support businesses in surrounding areas seeking SBA financing.

A minimum personal credit score of 620 is generally preferred, though other factors may also influence approval decisions.

The underwriting process typically takes around 30 to 45 days, depending on the complexity of the loan and completeness of the application.

Most banks keep weekday business hours and are closed on weekends, and Sullivan 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 Sullivan Bank to confirm current weekend availability before you go.

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

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

Sullivan Bank can be reached by phone at (573) 468-3191, email support@sullivanbank.com, or online at sullivanbank.com. For SBA loans, specifically request their business lending or SBA department and confirm current program details.

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