Loan to Buy Re/max Realty Franchise Issued By Unity Bank

Borrowing money to purchase a Re/max Realty franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.

Re/max Realty franchise loans are available to Flagler Beach, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Unity Bank, based in Clinton, New Jersey, issued an SBA franchise loan for a Re/max Realty franchise in 2007. We've got all the details on this Florida small business loan.

SBA Loan Borrower

OCEANSIDE REALTY OF FLAGLER, I
FLAGLER BEACH, FL 32136

SBA Loan Lender

UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809

This bank 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.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

12/19/2007

Loan Approval Gross Amount

$1,795,100

Loan Approval from the SBA

Of the total $1,795,100 loan amount, the SBA guaranteed $1,346,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Re/max Realty franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $1,795,100. How would you spend $1,795,100 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

RE/MAX International

Understanding Dilution

SBA Participating Banks in Clinton, New Jersey

New Jersey SBA 7A Banks