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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Woodforest National Bank Houston Business Loans > Art Dealers Loan | ||||
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Banks in Houston, Texas That Make SBA Loans
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Houston, Texas Lender Lends Money to Art Dealers CompanyWant to talk with a Houston, Texas bank about an SBA loan? Here's one Texas business loan, issued by a Houston 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 company in Houston, Texas. The business was able to get an SBA loan for $200,000. Nice! SBA Loan Borrower COMPANY TYPE: ART DEALERS SBA Loan Lender WOODFOREST NATIONAL BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 453920 - Art Dealers Loan Approval Date 9/27/2004 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. 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 4 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: Small Bank Loans in Houston, Texas
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