States Served
Top Industries Financed
- Mobile Food Services
- Child Day Care Services
Quick Summary
State Bank of Taunton is an SBA-approved lender headquartered in TAUNTON, Minnesota. Since 2020, they have approved 2 SBA 7(a) loans totaling $1.3M, with an average loan size of $668K. They primarily serve Minnesota businesses.
About State Bank of Taunton
State Bank of Taunton is an SBA-approved lender headquartered in TAUNTON, Minnesota. Since 2020, they have approved 2 SBA 7(a) loans totaling $1.3M, with an average loan size of $668K. They primarily serve businesses in Minnesota.
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Frequently Asked Questions
Is State Bank of Taunton an SBA Preferred Lender?
State Bank of Taunton 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 State Bank of Taunton approved?
According to SBA FOIA public records, State Bank of Taunton has approved 2 SBA 7(a) loans totaling $1.3M since 2020. Their average loan size is $668K.
What states does State Bank of Taunton serve?
State Bank of Taunton primarily serves businesses in Minnesota.
How do I apply for an SBA loan with State Bank of Taunton?
To apply for an SBA 7(a) loan with State Bank of Taunton, 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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