Hales Corners, WI Entrepreneur Gets SBA Loan to Buy Realty Executive Franchise

Borrowing money to purchase a Realty Executive franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Realty Executive franchise loans are available to Hales Corners, Wisconsin entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Realty Executive franchise in 2005. We've got all the details on this Wisconsin small business loan.

SBA Loan Borrower

REALTY EXECUTIVES ELITE
HALES CORNERS, WI 53130

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

10/18/2005

Loan Approval Gross Amount

$262,600

Loan Approval from the SBA

Of the total $262,600 loan amount, the SBA guaranteed $196,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Realty Executive franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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