Business Loans for Real Estate Agents and Brokers
Looking for business loans for real estate agents and brokers? Talk to a banker who works with the SBA. This $1,020,000 real estate agents and brokers loan was issued by an Ohio bank.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $1,020,000 to help grow their Pacific Manor, California business.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
PACIFIC MANOR, CA 94044
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
12/20/2002
Loan Approval Gross Amount
$1,020,000
Loan Approval from the SBA
Of the total $1,020,000 loan amount, the SBA guaranteed $765,000.
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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 $1,020,000 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:
Obtaining Funding - Friends and Family
Find an SBA Lender in Cincinnati, Ohio
Ohio SBA 7A Banks