11/23/2022
Waterstone LSP is pleased to announce the closing of a new SBA 7(a) loan in the amount of $203,000 for a partner bank headquartered in Houston, TX. Proceeds of the loan will be used in the start-up of a new, minority-owned personal protective equipment manufacturing business in Houston, TX. This business will focus on the manufacturing of American-made, high-quality PPE to be sold to supply house distributors, hospitals, industrial painters, and more. The opening of this business will generate three new job opportunities in the Houston area. As always, Waterstone LSP is grateful for the opportunity to assist small businesses such as this one through our continued dedication to community lenders.