Small Business Lending and Banking is at the heart of what we do and has been for more than 160 years. Small business is what drives our community and provides 80% of employment to our community workforce. As a community bank we value that tremendously, and want to do all we can to help small businesses succeed.

We have resources to help small businesses get started or expand which includes financing or loans for various needs. One great resource is the assistance of the Small Business Administration (SBA) with a SBA loan.

We Are an SBA Approved Lender

The Callaway Bank offers several SBA programs and can assist you in figuring out which option is a good fit, and help with the loan process.

  • SBA Express Program
  • Standard 7(a) Program
  • International Trade Loan Program

» We can also assist you with the 504 Loan Program.

Contact one of our commercial lenders to find out how we can help you.

The Callaway Bank Advantage:

  • Extensive experience with business lending, from startups to expansions.
  • Our decisions are made locally and they are client focused.
  • We can help with all of your business banking needs.

What is an SBA loan?

The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it guarantees a portion of the loan if the client fails to pay it back. The SBA reduces the risk for lenders and makes it easier for them to provide access to capital. That makes it easier for small businesses to get loans.

SBA loans can be used for the funding of your business in multiple areas.

Some uses for SBA loans may include:

Compared to other types of business loans, SBA loans are generally considered a good option for many people who qualify due to their flexibility of use, reasonable interest rates, relatively low down payments and varying term lengths.

To discuss the pros and cons of SBA loans for your business, contact a business loan specialist at The Callaway Bank.

More SBA Resources

The U.S. Small Business Administration has a wealth of information to help business owners beyond just financing.  They provide guides on how to start a business, grow, and expand.

10 steps to start your business
Starting a business involves planning, making key financial decisions, and completing a series of legal activities. Click on this link to learn about each step.

How to Get A Federal or State Tax ID Number

Your state tax ID and federal tax ID numbers — also known as an Employer Identification Number (EIN) — work like a personal social security number, but for your business. They let your small business pay state and federal taxes.


Business Banking

No matter the size of your business, we have options to fit your needs. We will work with you to establish a plan that makes the most sense for your business.

Commercial Lenders

Garry Melton

Agriculture/Commercial Loan Officer, VP

NMLS #526287


Fulton (Downtown)

Russ Marshman

Loan Officer

NMLS #842706


Fulton (Downtown)

Glenn Harris

Assistant Vice President/Commercial Lender

NMLS #758905


Fulton (Downtown)

Josh Stephenson

SVP Regional Market President

NMLS #757402


Columbia (Chapel Hill)

Ann Colgrove

Commercial/Real Estate Lender

NMLS #450126



Bob Fisher

Commercial Loan Officer, VP

NMLS #757352


Columbia (West Broadway)

Jason Ramsey

Commercial Loan Officer, AVP


Columbia (Chapel Hill)

Mitch Greenwell

Commercial Loan Officer

NMLS #1408615


Columbia (Chapel Hill)

Brian Hughes

Commercial/Real Estate Lender

NMLS #869059


Fulton (Downtown)