Where to Get Capital for Real Estate Agents and Brokers
Looking for SBA loans for real estate agents and brokers? Talk to a banker who works with the SBA. This $25,000 real estate agents and brokers loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Valuebank Texas, out of Corpus Christi, Texas. The loan was granted and they received $25,000 to help grow their Corpus Christi, Texas business.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
CORPUS CHRISTI, TX 78412
SBA Loan Lender
VALUEBANK TEXAS
3649 LEOPARD ST
CORPUS CHRISTI, TX 78408
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
4/6/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - Friends and Family
Best Banks for Small Business in Corpus Christi, Texas
SBA Lenders in Texas