States Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
Quick Summary
Herring Bank is an SBA-approved lender headquartered in AMARILLO, Texas. Since 2020, they have approved 5 SBA 7(a) loans totaling $5.2M, with an average loan size of $1.0M. They primarily serve Texas businesses.
About Herring Bank
Herring Bank is an SBA-approved lender headquartered in AMARILLO, Texas. Since 2020, they have approved 5 SBA 7(a) loans totaling $5.2M, with an average loan size of $1.0M. They primarily serve businesses in Texas.
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Frequently Asked Questions
Is Herring Bank an SBA Preferred Lender?
Herring 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 Herring Bank approved?
According to SBA FOIA public records, Herring Bank has approved 5 SBA 7(a) loans totaling $5.2M since 2020. Their average loan size is $1.0M.
What states does Herring Bank serve?
Herring Bank primarily serves businesses in Texas.
How do I apply for an SBA loan with Herring Bank?
To apply for an SBA 7(a) loan with Herring 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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