Borrow Money to Buy a Keller Williams Realty Franchise
Need money to invest in a Keller Williams Realty franchise? Professional Business Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Pasadena, California needed money to invest in a Keller Williams Realty franchise back in 2005. Professional Business Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
KELLER WILLIAMS REALTY
PASADENA, CA 91105
SBA Loan Lender
PROFESSIONAL BUSINESS BANK
199 S LOS ROBLES AVE, STE 130
PASADENA, CA 91101
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
6/23/2005
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Keller Williams Realty franchise. At the time of the loan, the company
had 50 employees. The loan application indicated that the loan would help generate 50 new jobs and retain 50 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $300,000 loan. Remember, you control your own destiny.
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:
Keller Williams Realty
Bank Credit Lines
Find an SBA Lender in Pasadena, California
California SBA 7A Banks