Get an SBA Loan for Real Estate Agents and Brokers
Looking for small business loans for real estate agents and brokers? An SBA loan may be just what you've been looking for. This $1,010,000 real estate agents and brokers loan was issued by a California bank.
Getting a small business loan in Elk Grove, California was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Auburn, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
ELK GROVE, CA 95737
SBA Loan Lender
WELLS FARGO BANK
649 LINCOLN WAY
AUBURN, CA 95603
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
12/15/2006
Loan Approval Gross Amount
$1,010,000
Loan Approval from the SBA
Of the total $1,010,000 loan amount, the SBA guaranteed $757,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,010,000 loan. Remember, fight for what you want, and it will be yours!
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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