The Home National Bank of Thorntown

This is a local bank that offers SBA loan programs to small businesses. You can find personalized financial solutions, expert guidance, and support for business growth and expansion.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.

There are no fees for initial consultations; loan fees and interest rates vary based on the specific financing arrangement.

This bank primarily serves local residents and small business owners in the Thorntown area, but they welcome inquiries from new clients seeking SBA financing.

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

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

Most banks keep weekday business hours and are closed on weekends, and The Home National Bank of Thorntown 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 The Home National Bank of Thorntown to confirm current weekend availability before you go.

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

The core details for The Home National Bank of Thorntown — 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 Home National Bank of Thorntown before applying. If you represent The Home National Bank of Thorntown, claim this listing to keep its information up to date.

You can reach The Home National Bank of Thorntown by phone at (765) 436-2222 or online at thehomenationalbank.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 Home National Bank of Thorntown before relying on them.

Like most SBA lenders, The Home National Bank of Thorntown 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 Home National Bank of Thorntown 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 The Home National Bank of Thorntown participates in SBA Express depends on its specific SBA lending authority. Contact The Home National Bank of Thorntown 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. The Home National Bank of Thorntown 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. The Home National Bank of Thorntown's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Home National Bank of Thorntown 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 The Home National Bank of Thorntown 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 The Home National Bank of Thorntown 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 The Home National Bank of Thorntown 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. The Home National Bank of Thorntown weighs this case by case under its own policy, so be upfront about your history and ask The Home National Bank of Thorntown how it evaluates prior bankruptcies.