Village Bank

This is a financial institution that offers SBA loan programs and small business financing solutions to help entrepreneurs grow and succeed. You can find personalized support, competitive loan options, and guidance through the application process here.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours.

Village Bank operates Monday through Friday from 9:00 AM to 5:00 PM. Please confirm current hours with the lender.

There are no fees for simply visiting or consulting; fees may apply for loan processing and closing, which will be detailed during your application.

This bank primarily serves small business clients in the region, but eligibility for loans is based on creditworthiness and business criteria, not residency alone.

A minimum personal credit score of 640 is generally recommended, though other factors such as business performance and collateral are also considered.

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

Village Bank is closed on weekends and operates only Monday through Friday. Please confirm any special weekend services with the lender.

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

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

You can reach Village Bank by phone at (763) 753-3007 or online at villagebankonline.bank — 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 Village Bank before relying on them.

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