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Home Alabama Commonwealth National Bank

Commonwealth National Bank

MOBILE, AL 36617

1
Loans Approved
$300K
Total Volume
$300K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Snack and Nonalcoholic Beverage Bars

Quick Summary

Commonwealth National Bank is an SBA-approved lender headquartered in MOBILE, Alabama. Since 2020, they have approved 1 SBA 7(a) loans totaling $300K, with an average loan size of $300K. They primarily serve Alabama businesses.

About Commonwealth National Bank

Commonwealth National Bank is an SBA-approved lender headquartered in MOBILE, Alabama. Since 2020, they have approved 1 SBA 7(a) loans totaling $300K, with an average loan size of $300K. They primarily serve businesses in Alabama.

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Frequently Asked Questions

Is Commonwealth National Bank an SBA Preferred Lender?

Commonwealth National 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 Commonwealth National Bank approved?

According to SBA FOIA public records, Commonwealth National Bank has approved 1 SBA 7(a) loans totaling $300K since 2020. Their average loan size is $300K.

What states does Commonwealth National Bank serve?

Commonwealth National Bank primarily serves businesses in Alabama.

How do I apply for an SBA loan with Commonwealth National Bank?

To apply for an SBA 7(a) loan with Commonwealth National 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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