Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Keybank National Association Franchise Loans

 

 
Loan Census SBA Loan Info

Keybank National Association Provides SBA Loan to Buy Re/max Realty Franchise

Borrowing money to buy a Re/max Realty franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Albany, New York needed money to invest in a Re/max Realty franchise back in 2002. Keybank National Association issued an SBA franchise loan. Here are the details on this New York small business loan.

SBA Loan Borrower

REALTY VENTURES INC
ALBANY, NY 12203

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

8/12/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Re/max Realty franchise. At the time of the loan, the company had 75 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 75 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

RE/MAX International

Startup Funding Tip

Best Cleveland, Ohio Banks for Small Business

Ohio SBA 7A Lenders