Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Austin, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Voluntary Health Organizations

Looking for bank loans for voluntary health organizations? Talk to a banker who works with the SBA. This $262,700 voluntary health organizations loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $262,700 from The Frost National Bank. The SBA made the loan possible by guaranteeing $197,025 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: VOLUNTARY HEALTH ORGANIZATIONS
Austin, TX 78735

SBA Loan Lender

THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205

This lender provides SBA debt financing 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

813212 - Voluntary Health Organizations

Loan Approval Date

2/9/2006

Loan Approval Gross Amount

$262,700

Loan Approval from the SBA

Of the total $262,700 loan amount, the SBA guaranteed $197,025.

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 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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