Houston, Texas Business Gets SBA-Guaranteed Funding from Golden Bank
Golden Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Texas entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Houston, Texas was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Golden Bank, operating out of Houston, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
HOUSTON, TX 77084
SBA Loan Lender
GOLDEN BANK
9315 BELLAIRE BLVD
HOUSTON, TX 77036
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
7/26/2007
Loan Approval Gross Amount
$101,750
Loan Approval from the SBA
Of the total $101,750 loan amount, the SBA guaranteed $86,487.
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 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $101,750. How would you spend $101,750 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:
Obtaining Funding - Friends and Family
SBA 7A Banks for Houston, Texas Loans
Texas SBA 7A Lenders