Discover Loan Programs and Bank Services to Benefit Your Business

We are no longer accepting PPP loan applications.

Assisting our neighbors and area businesses is the top priority at First State Bank of St. Charles. As our nation and local communities deal with enduring concerns from the pandemic, our focus on making a difference for small business owners, entrepreneurs, and the employees and families they support remains constant. We provide banking and lending options to fit your business goals when faced with new opportunities or a sudden challenge.

State and federal loan programs designed specifically for small businesses allow First State Bank to support new and existing clients with ease. The Missouri FIRST linked deposit lending plan and Small Business Administration 504 loan program serve businesses with opportunities for growth, renovation, equipment financing and other essentials.

First State Bank is also well-versed in helping companies access federally guaranteed Paycheck Protection Program (PPP) loan funds. Last year, we aided 365 local businesses through the process, allowing them to keep their doors open and retain 4,121 employees during an unstable economic climate. Our team continues to assist new applicants with their first-draw requests and existing borrowers through the second-draw application process for vital small business support since the SBA’s recent launch of 2021 PPP funding.

We Are Here for You and Your Business

Whether your company is currently focused on growth, expansion, and other financing, or you need assistance to maintain operations and retain employees, we can assist. Contact our team to learn how First State Bank’s loan options allow our business customers to run strong, financially stable, and successful operations. Call 636-940-5555 or make an appointment at a branch near you to discuss your business needs.

Find a loan program to accommodate your business needs:

Missouri First Loan

• Provides up to 5-year term financing at below-market interest rate for qualifying projects
• Encourages net economic development projects
• Loan proceeds can be used for variety of reasons, including purchase of land and buildings, equipment purchases, renovations and repairs, etc.

SBA 504 Loan

• Promotes economic development and provides funding from both the bank and the Small Business Administration for real estate and equipment financing
• Down payments as low as 10%
• Qualifying refinances are available

Paycheck Protection Program

• An emergency federally guaranteed loan program through the Small Business Association
• Eligibility depends on borrower’s first-draw or second-draw application status
• 2021 PPP updates allow additional coverage, broader eligibility, and expanded flexibility to adapt to ongoing challenges