Where to Get Capital for Real Estate Agents and Brokers
Looking for SBA loans for real estate agents and brokers? The SBA may be the answer. This $255,000 real estate agents and brokers loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Sterling Savings Bank, out of Santa Rosa, California. The loan was granted and they received $255,000 to help grow their Higley, Arizona business.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
HIGLEY, AZ 85236
SBA Loan Lender
STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
6/13/2006
Loan Approval Gross Amount
$255,000
Loan Approval from the SBA
Of the total $255,000 loan amount, the SBA guaranteed $191,250.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We can help you find the best banks for small businesses in Higley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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