Real Estate Agents and Brokers Small Business Loans
With these small business loans for real estate agents and brokers, the SBA guarantees the lender that the loan will be repaid. This real estate agents and brokers loan for $20,000 was given to a Colorado entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colorado Springs, Colorado was able to borrow $20,000 from Premier Bank. The SBA made the loan possible by guaranteeing $10,000 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE AGENTS AND MANAGERS
COLORADO SPRINGS, CO 80910
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
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.
SIC Code
6531 - Real Estate Agents and Managers
NAICS Code
531210 - Real Estate Agents and Brokers
Loan Approval Date
9/7/2000
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 only one employee. This SBA loan request indicated that the loan would help create 1 new job.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Borrowing Money from Friends and Family
SBA 7A Banks in Denver, Colorado
SBA Participating Banks in Colorado