Raising Money for Real Estate Agents and Brokers
Looking for bank loans for real estate agents and brokers? The SBA may be the answer. This $20,000 real estate agents and brokers loan was issued by a Massachusetts bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Weymouth (town Of), Massachusetts was able to borrow $20,000 from South Shore Savings Bank. The SBA made the loan possible by guaranteeing $10,000 of this Massachusetts small business loan.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
WEYMOUTH (TOWN OF), MA 02189
SBA Loan Lender
SOUTH SHORE SAVINGS BANK
1530 MAIN ST
SOUTH WEYMOUTH, MA 02190
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
9/1/2006
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Weymouth (town Of) or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Financing Your Business
Best South Weymouth, Massachusetts Banks for Small Business
Getting an SBA Loan in Massachusetts