Loan to Buy Re/max Realty Franchise Issued By Regent Bank & Trust National As

Need money to buy a Re/max Realty franchise? Regent Bank & Trust National As has a history of making these loans and they are guaranteed by the SBA.

Re/max Realty franchise loans are available to Nowata, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regent Bank & Trust National As, based in Nowata, Oklahoma, issued an SBA franchise loan for a Re/max Realty franchise in 2005. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

SHANKLIN FARM & RANCH REALTY
NOWATA, OK 74048

SBA Loan Lender

REGENT BANK & TRUST NATIONAL AS
105 N MAPLE ST
NOWATA, OK 74048

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

7/18/2005

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Re/max Realty franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

RE/MAX International

Financing Your Business

Find an SBA Lender in Nowata, Oklahoma

Where to Get an SBA Loan Oklahoma