Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Business Loans for Phoenix Entrepreneurs

 

 
Loan Census SBA Loan Info

Small Business Loans for Real Estate Agents and Brokers

Looking for small business loans for real estate agents and brokers? Try the SBA. This $55,900 real estate agents and brokers loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $55,900 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $27,950 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
PHOENIX, AZ 85031

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/14/2001

Loan Approval Gross Amount

$55,900

Loan Approval from the SBA

Of the total $55,900 loan amount, the SBA guaranteed $27,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help generate 25 new jobs and retain 31 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Understanding Dilution

Find an SBA Lender in Houston, Texas

Texas SBA 7A Lenders