Fort Worth, Texas Bank Lends Money to Dentists Company in Grand Prairie, Texas

Want to talk with a Fort Worth, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA.

Applying for an SBA loan with Woodhaven National Bank worked out well for our friends at one local company in Grand Prairie, Texas. The business was able to get an SBA loan for $1,070,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: DENTISTS
GRAND PRAIRIE, TX 75052

SBA Loan Lender

WOODHAVEN NATIONAL BANK
6750 BRIDGE ST
FORT WORTH, TX 76112

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

9/27/2002

Loan Approval Gross Amount

$1,070,000

Loan Approval from the SBA

Of the total $1,070,000 loan amount, the SBA guaranteed $802,500.

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 17 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Woodhaven National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Woodhaven National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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