How to Get a Loan for Activities Related to Real Estate
With these SBA loans for activities related to real estate, the SBA guarantees the lender that the loan will be repaid. This activities related to real estate loan for $44,000 was given to a Nevada entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Las Vegas, Nevada was able to borrow $44,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $22,000 of this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: ACTIVITIES RELATED TO REAL ESTATE
NORTH LAS VEGAS, NV 89032
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
The lender provided this commercial 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
531390 - Activities Related to Real Estate
Loan Approval Date
7/3/2007
Loan Approval Gross Amount
$44,000
Loan Approval from the SBA
Of the total $44,000 loan amount, the SBA guaranteed $22,000.
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 11 employees. The loan application indicated that the loan would help generate 1 new job and retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $44,000. How would you spend $44,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Small Business Loan
SBA Participating Banks in Cincinnati, Ohio
SBA Lenders in Ohio