Houston District Newsletter October 2012

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October 2012

Houston District Office Newsletter

Brought to you by the U.S. Small Business Administration

SBA Loan Dollars in FY 2012 Reach Second Largest Total Ever

The SBA's loan programs posted the second largest dollar volume ever in FY 2012, supporting $30.25 billion in loans to small businesses.  That amount was surpassed only by FY 2011, which was heavily boosted by the loan incentives under the Small Business Jobs Act of 2010.  

Results for the Houston District posted a similar trend to the national totals supporting $678.10 million in loans to small businesses in the Houston district.  This amount represents 995 loans totaling $417.35 million under the 7(a) program and 121 loans supporting $260.75 million under the 504 program. 

“The Houston District posted similar results to the national loan volume and continues to sign on new lenders each year.  These results have shown a healthy sign of confidence in the local Houston economy and credit market,” said Houston District Director Manuel Gonzalez. 

>Read more

SBA Houston District & SCORE Houston Host Local Entrepreneur Mentor Day Lunch & Learn


Finance panel moderated by SCORE Education Chair Beth Shapiro

In honor of National Encore Entrepreneur Mentor Day, the SBA Houston District and SCORE, a resource partner of the SBA, hosted a lunch and learn Low Cost Marketing workshop followed by an Access to Capital panel discussion on October 2nd.   

The event, held at the Palm Center with standing room only, was targeted at entrepreneurs over the age of 50 to link “encore entrepreneurs” with community resources for advice and assistance.  SBA and SCORE provided the training and mentoring services older entrepreneurs need to successfully start and grow businesses and create jobs.  National Encore Entrepreneur Mentor Day was part of a larger effort by SBA and AARP to promote entrepreneurship among individuals ages 50 and older. 

 If you missed the event, you can visit SCORE's website at www.scorehouston.org or visit one of their office locations for counseling or workshop information.



Mid America Lender's Conference


DD Manuel Gonzalez @ MALC 2012

Houston District Director Manuel Gonzalez announced the top 3 Houston lenders at the 18th annual Mid America Lender's Conference held in August at the Hilton Americas Hotel in Houston, Texas.  

BBVA Compass received the Houston District 7(a) High Volume Lender award, Wallis State Bank received the Houston District Rising Star award, and Capital Certified Development Corporation received the Houston District 504 High Volume Certified Development Corporation award.  Lenders were rated on their accomplishments from July 1, 2011 through June 30, 2012. 

The conference, hosted by the Houston Association of Government Guaranteed Lenders (HAGGL), included discussion forums, SBA hot topics, SBA education and updates, and networking among lenders, industry service providers, and SBA personnel. 


Learn How to Access SBA Loan Programs & Services

Houston District Lender Relations Specialist Sonia Maldonado

Houston District Lender Relations Specialist Sonia Maldonado will give a presentation on SBA's loan programs and services at the Fort Bend county Small Business Development Center on November 7, 2012.  For more information visit the SBDC website at www.fortbend.sbdcnetwork.net.


UPCOMING EVENTS:

Free SBA Certification Programs Workshop

December 5, 2012

UH SBDC 

2302 Fannin St.,

Ste 200

Houston, TX 77002

Registration: 713-752-8488

www.sbdc.uh.edu

 

Free SBA Loan Programs & Services Workshop

Novermber 7, 2012

Fort Bend County SBDC

117 Lane Drive,

Suite 31

Rosneberg, TX 77471

RSVP: 281-499-9787

www.fortbend.sbdcnetwork.net

Local Success Stories

Read our local success stories at www.sba.gov/tx/houston.