States Served
Top Industries Financed
- Limited-Service Restaurants
- Full-Service Restaurants
Quick Summary
Bank of O'Fallon is an SBA-approved lender headquartered in O'FALLON, Illinois. Since 2020, they have approved 3 SBA 7(a) loans totaling $384K, with an average loan size of $128K. They primarily serve Illinois businesses.
About Bank of O'Fallon
Bank of O'Fallon is an SBA-approved lender headquartered in O'FALLON, Illinois. Since 2020, they have approved 3 SBA 7(a) loans totaling $384K, with an average loan size of $128K. They primarily serve businesses in Illinois.
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Frequently Asked Questions
Is Bank of O'Fallon an SBA Preferred Lender?
Bank of O'Fallon is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Bank of O'Fallon approved?
According to SBA FOIA public records, Bank of O'Fallon has approved 3 SBA 7(a) loans totaling $384K since 2020. Their average loan size is $128K.
What states does Bank of O'Fallon serve?
Bank of O'Fallon primarily serves businesses in Illinois.
How do I apply for an SBA loan with Bank of O'Fallon?
To apply for an SBA 7(a) loan with Bank of O'Fallon, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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