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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Mirae Bank Los Angeles Business Loans > Sunbelt Business Brokers Of So Loan | ||||
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Mirae Bank SBA Franchise Loans
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Torrance, CA Entrepreneur Gets SBA Loan to Buy Sunbelt Business Brokers Network FranchiseBorrowing money to purchase a Sunbelt Business Brokers Network franchise? Mirae Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Torrance, California needed money to invest in a Sunbelt Business Brokers Network franchise back in 2005. Mirae Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower SUNBELT BUSINESS BROKERS OF SO SBA Loan Lender MIRAE BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 531210 - Real Estate Agents and Brokers Loan Approval Date 6/6/2005 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Sunbelt Business Brokers Network franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 $2,000,000 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: Obtaining Funding - How to Borrow Money Where to Get an SBA Loan in Los Angeles, California Getting a Business Loan in California
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