Top Industries Financed
- Motor Vehicle Towing
- Gasoline Stations with Convenience Stores
- Site Preparation Contractors
- Commercial Gravure Printing
- All Other Specialty Trade Contractors
Quick Summary
RiverHills Bank is an SBA-approved lender headquartered in MILFORD, Ohio. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 74 SBA 7(a) loans totaling $47.1M, with an average loan size of $636K. They serve businesses across 2 states.
About RiverHills Bank
RiverHills Bank is an SBA-approved lender headquartered in MILFORD, Ohio. Since 2020, they have approved 74 SBA 7(a) loans totaling $47.1M, with an average loan size of $636K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
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Frequently Asked Questions
Is RiverHills Bank an SBA Preferred Lender?
Yes, RiverHills Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has RiverHills Bank approved?
According to SBA FOIA public records, RiverHills Bank has approved 74 SBA 7(a) loans totaling $47.1M since 2020. Their average loan size is $636K.
What states does RiverHills Bank serve?
RiverHills Bank serves businesses in 2 states: Kentucky, Ohio.
How do I apply for an SBA loan with RiverHills Bank?
To apply for an SBA 7(a) loan with RiverHills 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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