SBA Loan from Southwest Bank Helps Psychiatric Hospitals Company

Southwest Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Argyle, Texas, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Southwest Bank, based in Fort Worth, Texas.

SBA Loan Borrower

COMPANY TYPE: PSYCHIATRIC HOSPITALS
ARGYLE, TX 76227

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8063 - Psychiatric Hospitals

NAICS Code

622210 - Psychiatric and Substance Abuse Hospitals

Loan Approval Date

3/8/2002

Loan Approval Gross Amount

$309,705

Loan Approval from the SBA

Of the total $309,705 loan amount, the SBA guaranteed $232,279.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 35 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $309,705. How would you spend $309,705 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Financing Your Business

Where to Get an SBA Loan in Fort Worth, Texas

SBA Texas Banks