Loans for Real Estate Agents and Brokers
With these loans for real estate agents and brokers, the SBA guarantees the lender that the loan will be repaid. This real estate agents and brokers loan for $178,000 was given to an Oregon entrepreneur in 2001.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Libertybank, out of Eugene, Oregon. The loan was granted and they received $178,000 to help grow their Eugene, Oregon business.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND MANAGERS
EUGENE, OR 97401
SBA Loan Lender
LIBERTYBANK
355 GOODPASTURE ISLAND RD, ST
EUGENE, OR 97401
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
6531 - Real Estate Agents and Managers
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
4/10/2001
Loan Approval Gross Amount
$178,000
Loan Approval from the SBA
Of the total $178,000 loan amount, the SBA guaranteed $133,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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:
Startup Funding Tip
SBA Participating Banks in Eugene, Oregon
Find an SBA Lender in Oregon