Top Industries Financed
- Roofing, Siding, and Insulation Material Merchant Wholesalers
- Landscaping Services
- Roofing Contractors
- Full-Service Restaurants
- Hobby, Toy, and Game Stores
Quick Summary
Friend Bank is an SBA-approved lender headquartered in SLOCOMB, Alabama. Since 2020, they have approved 21 SBA 7(a) loans totaling $3.6M, with an average loan size of $172K. They serve businesses across 2 states.
About Friend Bank
Friend Bank is an SBA-approved lender headquartered in SLOCOMB, Alabama. Since 2020, they have approved 21 SBA 7(a) loans totaling $3.6M, with an average loan size of $172K. They serve businesses across 2 states.
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Frequently Asked Questions
Is Friend Bank an SBA Preferred Lender?
Friend Bank 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 Friend Bank approved?
According to SBA FOIA public records, Friend Bank has approved 21 SBA 7(a) loans totaling $3.6M since 2020. Their average loan size is $172K.
What states does Friend Bank serve?
Friend Bank serves businesses in 2 states: Alabama, Florida.
How do I apply for an SBA loan with Friend Bank?
To apply for an SBA 7(a) loan with Friend Bank, 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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