Special Offers & Events

Special Offers

American Trust & Savings Bank is proud to offer a new U.S. Small Business Administration (SBA) loan program to the recently returned 1st Battalion, 133rd Infantry and the entire military community. The program, Patriot Express, is designed to offer low-interest financing to current or former members of the military to establish or expand small businesses.

Eligibility for Patriot Express is limited to businesses that meet the SBA’s standard requirements, and that are 51 percent or more owned by individuals in the following groups: honorably discharged veterans, service-disabled veterans, active-duty military service members participating in the Transition Assistance Program (which includes retirees within 24 months of seperation and discharging Active Duty members within 12 months of discharge), Reservists and National Guard members, current spouses of the aforementioned, and widowed spouses of service members or veterans who died while in service or due to a service-connected disability.

Through SBA Patriot Express, American Trust can make loans up to $500,000 for most business purposes, including start-up, expansion, equipment purchases, working capital, inventory, or business occupied real estate. Qualified borrowers will receive fast loan approval and low interest rates for business loans depending on size and maturity of loan.

Multiple resources are available online for applicants seeking assistance with operating a business. For more information online, go to www.sba.gov/patriotexpress.

American Trust & Savings Bank takes pride in supporting the military community through the SBA Patriot Express loan program. Contact Chad Hill at 563.582.0852 to get your business moving in the right direction.