Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Fargo Franchise Buyers

 

 
Loan Census SBA Loan Info

North Dakota Entrepreneur Secures Financing to Buy Help-U-Sell real Estate Franchise

Need a loan to invest in a Help-U-Sell real Estate franchise? Union State Bank Of Fargo has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Help-U-Sell real Estate franchise? If so, here's a 2000 SBA franchise loan that you should know about. Union State Bank Of Fargo was the lender and the entrepreneur was based in Fargo, North Dakota.

SBA Loan Borrower

HELP-U-SELL REALTY OPTIONS,LLC
FARGO, ND 58103

SBA Loan Lender

UNION STATE BANK OF FARGO
4530 17TH AVE SOUTH
FARGO, ND 58103

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/29/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Help-U-Sell real Estate franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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:

Help-U-Sell Real Estate

Dealing With Venture Capitalists

Small Bank Loans in Fargo, North Dakota

North Dakota SBA Bank Lenders