Loan to Buy Vr Business Brokers Franchise Issued By Bank Of Hawaii
Need money to invest in a Vr Business Brokers franchise? Bank Of Hawaii has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Vr Business Brokers franchise may simply require a phone call to a local SBA banker. In 2005, Bank Of Hawaii issued an SBA franchise loan to an entrepreneur in Honolulu, Hawaii. Because Vr Business Brokers was registered with the SBA's registry of franchises, this Hawaii small business loan was issued on an expedited basis.
SBA Loan Borrower
VR BUSINESS BROKERS HAWAII
HONOLULU, HI 96814
SBA Loan Lender
BANK OF HAWAII
130 MERCHANT ST
HONOLULU, HI 96813
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
5/9/2005
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 used to buy a Vr Business Brokers franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
VR Business Brokers
504 Loans
Small Business Banks in Honolulu, Hawaii
Hawaii SBA Banks