Chandler, AZ Entrepreneur Gets SBA Loan to Buy Remax Franchise

Need a loan to invest in a Remax franchise? Alliance Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Remax franchise shouldn't be overly burdensome. In 2004, Alliance Bank Of Arizona issued an SBA franchise loan to an entrepreneur in Chandler, Arizona. Because Remax was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

RE/MAX ELITE REALTY
CHANDLER, AZ 85248

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/12/2004

Loan Approval Gross Amount

$1,213,200

Loan Approval from the SBA

Of the total $1,213,200 loan amount, the SBA guaranteed $909,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Remax franchise. At the time of the loan, the company had 84 employees. This SBA loan request indicated that the loan would help retain 84 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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