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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Woodforest National Bank Houston Business Loans > Home Health Care Services Loan | ||||
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SBA Lender Houston, Texas
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Houston, Texas Business Gets SBA-Guaranteed Funding from Woodforest National BankAn SBA loan from Woodforest National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Houston, Texas business owner got a $714,000 loan. This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Woodforest National Bank, out of Houston, Texas. The loan was granted and they received $714,000 to help grow their Houston, Texas business. SBA Loan Borrower COMPANY TYPE: HOME HEALTH CARE SERVICES SBA Loan Lender WOODFOREST NATIONAL BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621610 - Home Health Care Services Loan Approval Date 12/24/2003 Loan Approval Gross Amount $714,000 Loan Approval from the SBA Of the total $714,000 loan amount, the SBA guaranteed $535,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 85 employees. This SBA loan request indicated that the loan would help retain 85 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 $714,000 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. Related Links: SBA 7A Lenders in Houston, Texas
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