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Houston SBA Loans (Blog Post) (view source)
Revision as of 16:03, 10 June 2016
, 16:03, 10 June 2016→Blog Post
Beyond just a clear record of dispersal, there are no records for the number of loans issued by lender, just merely the total amount. This makes tracking the number of actual businesses receiving loans very difficult, and make the small business environment seemingly less transparent. When examining the records which are available, some further interesting businesses practices may be noted. Across the first 6 months of fiscal year 2016, ranging from October 2015 to March 2016, the total approved loan amounts have increased 370% from $7,448,000 to $27,581,100. Two banks have ranked as the single biggest lenders, Texas Advantage Community Bank in October and November of 2015 and BBVA Compass across the other four months. Texas Advantage Community Bank, as according to [http://banks.credio.com/l/4542/Texas-Advantage-Community-Bank Credio.com] ranks at a 73/100, below average for a community level bank. BBVA Compass ranks average for a multinational bank.
While it is difficult to draw any conclusions from this information, what is important to keep in mind is the difficulty in accessibility and the apparent lack of local-level oversight. Further information on the disbursal rates and selection process for lender banks would be ideal, and could help reduce the perceived opacity surrounding the SBA. Perhaps future investigation will reveal more hardened information concerning the practices of the local Houston SBA office and its 7(a) loan practices.
==References==
https://www.sba.gov/offices/district/tx/houston
