We are participating in the
SBA Paycheck Protection Program
If your business or contract work was operating before February 15, 2020 and you have less than 500 employees, you are likely eligible for the Paycheck Protection Loan.
Qualifying businesses, sole proprietors, contract workers self-employed persons and non-profits are eligible for loans up to 2.5 times their monthly payroll costs, 1099s or self-employed income, measured over the prior twelve months.
*Some industries may have other criteria for eligibility.
More resources here:
What do you need to apply? (USB Loan Checklist)
Business and Agriculture Loans
United Southern Bank believes in small business. That is the cornerstone of our bank, we are a small business partner with you!
Do you need to expand your business operations or product line? Do you need new equipment or a little extra cash flow to compete with the larger competitors? Are you investigating the possibilities of starting up a new business?
United Southern Bank is here to make it a little easier. Talk to one of our loan officers today in the USB office nearest you to see how we can find a solution that meets your business needs!
Business Loan Solutions
- Business Purchases and New Business Start-Ups
- Business Expansion
- Working Capital Lines of Credit
- Capital Improvements
- Real Estate Acquisitions (commercial and residential rental properties)
- Real Estate Refinance (commercial and residential properties)
- Commercial Automobiles
- Commercial Equipment
- Vacant Land Acquisitions for Commercial or Residential Development
Agriculture Loan Solutions
USB has deep grassroots with an agriculture background. We understand the importance and the needs of our agriculture partners in our community.
Times have changed…Agri-business often has complex needs and United Southern Bank is here to help. Whatever your agri-business needs are, USB is on your side of the fence!
- New Farm Purchase or Refinance
- Construct or Improve Facilities/Barns
- Operating Lines of Credit for Crop Production or Livestock Production
- Equipment Purchases
- Farm Trucks
Irrevocable Letters of Credit
Every business needs that additional re-assurance for other third party vendors that you may deal with from time to time. USB can provide that letter of credit for you. We got your back!
- For local Utility Companies
- For local development permits
- USDA requirements
- Verification for Land/Equipment Auction Sales
Non-Profit and Church Loan Solutions
United Southern Bank values all non-profit organizations and supports every church in the communities we serve. If you are an organization in need, stop by to see us. Our loan officers are equipped with the knowledge to help find a solution for your needs!
- Construction loans
- Land Acquisitions
- Parsonage Purchase/Renovations