Wallis State Bank #1 SBA Lender in the Houston District Office

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From left: Aziz Rahim, Zafar Khan, Nasrullah Khan, Asif Dakri CEO, Rajiv Bhavsar and Faizel Dakri.

HOUSTON: Wallis State Bank has made another milestone in SBA lending in the Houston area.  For the SBA fiscal year from October 1, 2013 to September 30, 2014, Wallis State Bank is the #1 SBA volume lender for the Houston District Office.  Out of the 128 banks in the Houston area, Wallis State Bank did the most SBA loans dollar wise with $49.3 million.  Surpassing the previous ranking held by the larger banks, Wallis State Bank did a combination of 7(a) and 504 SBA loans to be #1.

Leading the SBA department is Nasr Khan EVP/Chief Lending Officer who has been with WSB for over 3 years.  “This was a Wallis State Bank Team effort and I’m extremely proud of our SBA department for their hard work and dedication to make us #1” says Khan.  “Our goal is to help the community and make their dreams come true of owning and operating a business. And with the community’s support, Wallis State Bank is on top.”

Wallis State Bank has eleven locations including offices in Dallas, San Antonio, and a Loan Production Office in Los Angeles. WSB is a Preferred Lender (PLP) of the SBA.  The Preferred Lenders Program (PLP) is part of SBA’s effort to streamline the procedures necessary to provide financial assistance to the small business community.  Under this program, SBA delegates the final credit decision and most servicing and liquidation authority and responsibility to carefully selected PLP lenders.  Lenders are considered for PLP status based on their record with SBA, and must have demonstrated a proficiency in processing and servicing SBA-guaranteed loans.

*Along with doing SBA loans, Wallis State Bank also has an array of bank products such as personal/ business checking and savings accounts, conventional loans, business credit cards, online banking as well as personal loans and auto loan.

The leading loan officers who are servicing the South Asian Community in the Houston area are Raj B. Bhavsar/SVP at the Kempwood Branch, Aziz A. Rahim/SVP at the Stafford location and Zafar Khan/AVP also at the Stafford location.

Asif Dakri, the CEO of Wallis State Bank remains committed to providing excellent service and quick turnaround time for approval and closing.

Wallis State Bank….Where Service Begins

For further information on Wallis State Bank, visit www.WallisBank.com