States Served
Top Industries Financed
- Electrical Contractors
Quick Summary
The Bank of Magnolia Company is an SBA-approved lender headquartered in MAGNOLIA, Ohio. Since 2020, they have approved 1 SBA 7(a) loans totaling $321K, with an average loan size of $321K. They primarily serve Ohio businesses.
About The Bank of Magnolia Company
The Bank of Magnolia Company is an SBA-approved lender headquartered in MAGNOLIA, Ohio. Since 2020, they have approved 1 SBA 7(a) loans totaling $321K, with an average loan size of $321K. They primarily serve businesses in Ohio.
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Frequently Asked Questions
Is The Bank of Magnolia Company an SBA Preferred Lender?
The Bank of Magnolia Company 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 The Bank of Magnolia Company approved?
According to SBA FOIA public records, The Bank of Magnolia Company has approved 1 SBA 7(a) loans totaling $321K since 2020. Their average loan size is $321K.
What states does The Bank of Magnolia Company serve?
The Bank of Magnolia Company primarily serves businesses in Ohio.
How do I apply for an SBA loan with The Bank of Magnolia Company?
To apply for an SBA 7(a) loan with The Bank of Magnolia Company, 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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