Piscataway (township Of), NJ Entrepreneur Gets SBA Loan to Buy Unicasa Continental Realty Franchise

Need money to buy an Unicasa Continental Realty franchise? First Bankamericano has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Unicasa Continental Realty franchise may simply require a phone call to a local SBA banker. In 2005, First Bankamericano issued an SBA franchise loan to an entrepreneur in Piscataway (township Of), New Jersey. Because Unicasa Continental Realty was registered with the SBA's registry of franchises, this New Jersey small business loan was issued on an expedited basis.

SBA Loan Borrower

UNICASA CONTINENTAL REALTY
PISCATAWAY (TOWNSHIP OF), NJ 08854

SBA Loan Lender

FIRST BANKAMERICANO
339 N BROAD ST
ELIZABETH, NJ 07208

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

6/23/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Unicasa Continental Realty franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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