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Hometown Bank

KENT, OH 44240

35
Loans Approved
$47.5M
Total Volume
$1.4M
Avg Loan Size
19
States Served

States Served

CaliforniaConnecticutFloridaIowaIllinoisMassachusettsMarylandMichiganNorth CarolinaNew JerseyNew YorkOhioPennsylvaniaSouth CarolinaTennesseeTexasVermontWashingtonWisconsin

Top Industries Financed

  • Full-Service Restaurants
  • Drinking Places (Alcoholic Beverages)
  • Limited-Service Restaurants
  • Hotels (except Casino Hotels) and Motels
  • Snack and Nonalcoholic Beverage Bars

Quick Summary

Hometown Bank is an SBA-approved lender headquartered in KENT, Ohio. Since 2020, they have approved 35 SBA 7(a) loans totaling $47.5M, with an average loan size of $1.4M. They serve businesses across 19 states.

About Hometown Bank

Hometown Bank is an SBA-approved lender headquartered in KENT, Ohio. Since 2020, they have approved 35 SBA 7(a) loans totaling $47.5M, with an average loan size of $1.4M. They serve businesses across 19 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Hometown Bank an SBA Preferred Lender?

Hometown 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 Hometown Bank approved?

According to SBA FOIA public records, Hometown Bank has approved 35 SBA 7(a) loans totaling $47.5M since 2020. Their average loan size is $1.4M.

What states does Hometown Bank serve?

Hometown Bank serves businesses in 19 states: California, Connecticut, Florida, Iowa, Illinois, Massachusetts, Maryland, Michigan, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, Washington, Wisconsin.

How do I apply for an SBA loan with Hometown Bank?

To apply for an SBA 7(a) loan with Hometown 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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