Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Texas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Woodhaven National Bank SBA Loan to Grocery Stores 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 Arlington, Texas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Woodhaven National Bank, based in Fort Worth, Texas.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
ARLINGTON, TX 76002

SBA Loan Lender

WOODHAVEN NATIONAL BANK
6750 BRIDGE ST
FORT WORTH, TX 76112

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$215,500

Loan Approval from the SBA

Of the total $215,500 loan amount, the SBA guaranteed $161,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

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 $215,500 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:

Raising VC Money for Social Networking Companies

Small Bank Loans in Fort Worth, Texas

Getting a Business Loan in Texas