Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Mount Vernon, New York Bank Loan

 

 
Loan Census SBA Loan Info

Real Estate Agents and Brokers Small Business Loans

Looking for small business loans for real estate agents and brokers? Talk to a banker who works with the SBA. This $538,400 real estate agents and brokers loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Vernon, New York was able to borrow $538,400 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $403,800 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
MOUNT VERNON, NY 10550

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

7/26/2005

Loan Approval Gross Amount

$538,400

Loan Approval from the SBA

Of the total $538,400 loan amount, the SBA guaranteed $403,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The loan application indicated that the loan would help retain 17 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding From a Venture Capitalist

Good Banks for Small Business in Temecula, California

Getting a Business Loan in California