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March 28, 2024  
 
 
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Texas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Sterling Bank SBA Loan to Testing Laboratories Company

Looking to get a Texas SBA loan? Here's one Texas business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Humble, Texas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Sterling Bank, based in Houston, Texas.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
HUMBLE, TX 77346

SBA Loan Lender

STERLING BANK
9997 ALMEDA GENOA RD
HOUSTON, TX 77075

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8734 - Testing Laboratories

Loan Approval Date

8/16/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Humble TX, you ought to talk with a local Humble SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Humble businesses.

We can help you find the best banks for small businesses in Humble or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 Friends and Family Network

SBA Approved Banks in Houston, Texas

Getting an SBA Loan in Texas