PeopleFund
TX
SBA-approved lender offering 6 loan programs across 17 industries.
Key Metrics
Interest Rate
9.05%
2.30% over prime
Average Loan
$162K
Per approval
Total Approvals
57
FY 2025
Loan Programs (6)
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Change of Ownership
Industries Served (17)
Advertising AgenciesBarber ShopsBeauty SalonsDrinking Places (Alcoholic Beverages)Finish Carpentry ContractorsFitness and Recreational Sports CentersFull-Service RestaurantsIndustrial and Personal Service Paper Merchant WholesalersOffices of Mental Health Practitioners (except Physicians)Offices of Physicians (except Mental Health Specialists)Other Computer Related ServicesOther Miscellaneous Durable Goods Merchant WholesalersOther Personal Care ServicesOther Services to Buildings and DwellingsPlumbing, Heating, and Air-Conditioning ContractorsServices for the Elderly and Persons with DisabilitiesWood Kitchen Cabinet and Countertop Manufacturing
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.30%
- Effective Rate
- 9.05%
- Fiscal Year
- 2025
- States Served
- TX
- Website
- peoplefund.org
Ready to apply with PeopleFund?
Let Cassian help you prepare your application and connect you with the right loan officer.