Houston, Texas Bank Lends Money to Physicians Company in Frisco, Texas
Get business loans from a Houston, Texas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Woodforest National Bank is a Houston, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Texas company.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
FRISCO, TX 75034
SBA Loan Lender
WOODFOREST NATIONAL BANK
13301 EAST FRWY
HOUSTON, TX 77015
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
621111 - Physicians
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 loan application indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Woodforest National Bank 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.
Banking Deregulation's Effects on Entrepreneurship
Who Lends Money to Small Businesses in Houston, Texas
Getting an SBA Loan in Texas