Troy Bank & Trust Company

This is a community-focused bank offering SBA loan programs, business banking services, and financial guidance to support local entrepreneurs and small businesses in Alabama.

Ask Troy Bank & Trust Company directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Troy Bank & Trust Company's website or call before you visit.

Browsing this directory is free. Any loan fees are set by Troy Bank & Trust Company and the SBA program — ask the lender for its current schedule.

The bank primarily serves local residents and small business owners in Alabama, but qualified applicants from outside the area may also be considered.

Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Troy Bank & Trust Company what it looks for today.

The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and documentation.

Most bank SBA teams work weekdays; confirm with Troy Bank & Trust Company before planning a weekend visit.

Troy Bank & Trust Company is located at the address listed on this page — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Troy Bank & Trust Company, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Troy Bank & Trust Company itself, which runs its own lending under its own ownership. If you work at Troy Bank & Trust Company, you can claim this listing from this page to manage it.

The core details for Troy Bank & Trust Company — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Troy Bank & Trust Company before applying. If you represent Troy Bank & Trust Company, claim this listing to keep its information up to date.

You can reach Troy Bank & Trust Company by phone at (334) 566-4000 or online at www.troybankandtrust.com — the same details are in the contact card on this page.

Like most SBA lenders, Troy Bank & Trust Company can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Troy Bank & Trust Company directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Troy Bank & Trust Company participates in SBA Express depends on its specific SBA lending authority. Contact Troy Bank & Trust Company and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Whether Troy Bank & Trust Company has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Troy Bank & Trust Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Troy Bank & Trust Company directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Troy Bank & Trust Company what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Troy Bank & Trust Company to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Troy Bank & Trust Company to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Troy Bank & Trust Company weighs this case by case under its own policy, so be upfront about your history and ask Troy Bank & Trust Company how it evaluates prior bankruptcies.