Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA Lender Houston Texas

 

 
Loan Census SBA Loan Info

Metrobank Gives Business Loan to Kidney Dialysis Centers Company

TexasSmall business loans are available to Texas small business owners through the SBA. In this case, a Texas bank provides the loan.

Getting a small business loan in Houston, Texas was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Metrobank. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: KIDNEY DIALYSIS CENTERS
HOUSTON, TX 77065

SBA Loan Lender

METROBANK
9600 BELLAIRE BLVD
HOUSTON, TX 77036

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621492 - Kidney Dialysis Centers

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$1,923,000

Loan Approval from the SBA

Of the total $1,923,000 loan amount, the SBA guaranteed $1,442,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Metrobank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

The Art of Bootstrapping

SBA Banks in Houston, Texas

SBA Texas Lenders