Commercial Loans for Real Estate Agents and Brokers
With these commercial 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 $50,000 was given to a Hawaii entrepreneur in 2006.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bank Of Hawaii, out of Honolulu, Hawaii. The loan was granted and they received $50,000 to help grow their Honolulu, Hawaii business.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
HONOLULU, HI 96814
SBA Loan Lender
BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813
The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
4/13/2006
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Accountant's Role in Securing Financing
Banks in Honolulu, Hawaii
SBA Lenders in Hawaii