SBA lending in Dallas/FW district consistently strong

SBA’s Dallas/Fort Worth district office approved more than $595 million in loans to small businesses during the first nine months of fiscal 13 – an increase of 37% over the same period last year. In Wichita County, there have been 10 loans totaling $7,198,900 during the time frame. SBA lending in the district has been consistently strong every month during the fiscal year, averaging about $66 million a month. The Dallas/FW district ended the first half of the year ranking sixth in loan volume among the agency’s 68 district offices nationwide. “Kudos to the 138 lenders and certified development companies in the district who have contributed to this success,” said District Director Herbert Austin. SBA lending in the district has been consistently strong every month during the fiscal year, averaging just about $66 million a month, the SBA said. The Dallas/Fort Worth District ended the first half of the year ranking sixth in loan volume among the agency’s 68 district offices nationwide. “When one considers the fact that the Dallas/Fort Worth district office is the eighth largest SBA district office, this achievement is quite significant,” Austin said. “It is my hope and expectation that lending will remain strong for the remaining quarter of the fiscal year. Kudos to the 138 lenders and certified development companies in the district who have contributed to this success.” For more information about all of the SBA’s programs for small businesses, go online to www.sba.gov.

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