The Baldwin State Bank
The Baldwin State Bank is an active SBA lender in Kansas, a bank offering SBA-guaranteed small-business loans. Currently rated 4.6 stars across 11 Google reviews.
About The Baldwin State Bank
The Baldwin State Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on the local community, this bank provides access to various SBA programs, including the popular 7A loan program, which helps businesses secure funding for working capital, equipment, or real estate. Their experienced team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Baldwin City, Kansas, the bank is committed to supporting local entrepreneurs and fostering economic growth in the region. They offer personalized service and flexible lending options, making them a trusted partner for small business owners looking to expand or stabilize their operations. Whether you're a startup or an established business, Baldwin State Bank is equipped to assist with your financing needs, leveraging their strong community ties and SBA expertise to help you succeed.
Common questions about The Baldwin State Bank
What is this place and what can I find here?
This is a community-focused bank offering SBA loan programs and small business financing solutions, with personalized service tailored to local entrepreneurs.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
What are the hours of operation?
The Baldwin State Bank's Main Bank location operates Monday through Friday, 9:00 AM to 4:00 PM. The Baldwin City Market branch has extended hours, Monday through Friday 7:00 AM to 6:00 PM. Confirm these hours directly with the bank at 785-594-6421, as they may vary by location or by appointment.
Is there a fee to use this?
Fees are associated with loan processing and SBA application, which vary depending on the loan amount and terms.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and residents within the Baldwin City community and surrounding areas.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 or higher is generally preferred for loan qualification.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and loan complexity.
Is this open on weekends?
The Baldwin State Bank's Baldwin City Market branch is open Saturdays from 9:00 AM to noon. However, this weekend service is limited to one branch. Confirm current weekend availability with the bank at 785-594-6421.
How do I get there and where do I park?
The Baldwin State Bank is located in Kansas — 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 The Baldwin State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Baldwin State Bank itself, which runs its own lending under its own ownership. If you work at The Baldwin 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 The Baldwin 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 The Baldwin State Bank before applying. If you represent The Baldwin State Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach The Baldwin State Bank by phone at (785) 594-6421 or online at baldwinstatebank.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 The Baldwin State Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, The Baldwin State Bank 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 bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask The Baldwin State Bank directly which industries 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 The Baldwin State Bank participates in SBA Express depends on its specific SBA lending authority. Contact The Baldwin 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. The Baldwin 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?
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. The Baldwin State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Baldwin State Bank directly whether it considers start-up loans.
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 The Baldwin 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 The Baldwin 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 The Baldwin 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. The Baldwin State Bank weighs this case by case under its own policy, so be upfront about your history and ask The Baldwin State Bank how it evaluates prior bankruptcies.
