Loan Census Banking News and Information
November 23, 2024  
 
 
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Worth National Bank Bedford

 

 
Loan Census SBA Loan Info

SBA Loan from Worth National Bank Helps Chiropractors Company

An SBA loan from Worth National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bedford, Texas business owner got a $40,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bedford, Texas was able to borrow $40,000 from Worth National Bank. The SBA made the loan possible by guaranteeing $20,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
BEDFORD, TX 76022

SBA Loan Lender

WORTH NATIONAL BANK
3908 TELEPHONE RD
FORT WORTH, TX 76135

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621310 - Chiropractors

Loan Approval Date

5/13/2003

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Bedford TX, you ought to talk with a local Bedford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bedford businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $40,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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