Wells Fargo Bank National Association

This is a branch of Wells Fargo Bank offering SBA loan programs and business financing solutions to support small and medium-sized enterprises across the country.

It is recommended to schedule an appointment for personalized service, but walk-ins are also accommodated depending on availability.

Wells Fargo Bank National Association at this location is open Monday through Friday from 9:00 AM to 5:00 PM. Contact the branch at (605) 373-5560 to confirm specific hours for your visit.

There are no fees to visit the branch; fees may apply to specific loan products or services as outlined in the loan agreement.

This branch serves all qualified small business owners seeking SBA financing, regardless of residency, provided they meet lending criteria.

A minimum personal credit score of around 650 is generally preferred, but higher scores improve the likelihood of approval.

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

This branch is open Saturday mornings from 9:00 AM to 2:00 PM, though Sunday hours are closed. However, the ATM is available 24 hours daily. Confirm specific weekend availability with the branch before visiting.

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

The core details for Wells Fargo Bank National Association — 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 Wells Fargo Bank National Association before applying. If you represent Wells Fargo Bank National Association, claim this listing to keep its information up to date.

You can reach Wells Fargo Bank National Association by phone at (605) 373-5560 or online at locations.wellsfargo.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 Wells Fargo Bank National Association before relying on them.

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