Rosas v. United States Small Business Administration

Plaintiffs-Appellants, Joe Rosas and Henry Perez, individually and doing business as Cleburne Joint Venture No. One, and Beatrice Rosas (collectively “Appellants” or “the Joint Venture”), appeal summary judgments in favor of the United States Small Business Administration (the SBA), its substitute trustee Ray Collins (Collins), Meadowbrook National Bank (Meadowbrook), and its president Mel B. Wilde (Wilde). Finding no reversible error, we affirm.

I

FACTS AND PROCEEDINGS

In August of 1987, the Appellants obtained a $280,000 loan, amortized over 20 years, from a third party bank, Independence…