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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > The Woodlands, Business Loans > Woodforest National Bank The Woodlands Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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The Woodlands, Texas SBA 7A Banks
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The Woodlands, Texas Bank Gives SBA Loan to Plumbing, Heating, And Air-Conditioning Contractors CompanyThinking about meeting with a Woodlands, Texas bank about a business loan? Here's one Texas business loan, issued by a Woodlands bank, that was approved by the SBA. Applying for an SBA loan with Woodforest National Bank worked out well for our friends at one local business in Tomball, Texas. They got an SBA loan for $150,000. Way to go! SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender WOODFOREST NATIONAL BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 10/10/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 9 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Woodforest National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Browse All Business Loan Sources for Texas
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