How to Get a Loan for Activities Related to Real Estate
With these commercial loans for activities related to real estate, the SBA guarantees the lender that the loan will be repaid. This activities related to real estate loan for $28,000 was given to a Florida entrepreneur in 2005.
This small business knew how to go about getting a business bank loan. Based in Boynton Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of America, based in Charlotte, North Carolina.
SBA Loan Borrower
COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE
BOYNTON BEACH, FL 33436
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This small 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
531390 - Activities Related to Real Estate
Loan Approval Date
1/10/2005
Loan Approval Gross Amount
$28,000
Loan Approval from the SBA
Of the total $28,000 loan amount, the SBA guaranteed $14,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Understanding Dilution
SBA Participating Banks in Charlotte, North Carolina
SBA Participating Banks in North Carolina