Loan to Buy Assist 2 Sell Discount Realty Franchise Issued By Greenbank

Need money to invest in an Assist 2 Sell Discount Realty franchise? Greenbank has a history of making these loans and they are guaranteed by the SBA.

Assist 2 Sell Discount Realty franchise loans are available to Knoxville, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Greenbank, based in Knoxville, Tennessee, issued an SBA franchise loan for an Assist 2 Sell Discount Realty franchise in 2005. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

ASSIST2SELL (ANDERSON ASSIST2S
KNOXVILLE, TN 37919

SBA Loan Lender

GREENBANK
10201 PARKSIDE DR
KNOXVILLE, TN 37922

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

5/12/2005

Loan Approval Gross Amount

$67,000

Loan Approval from the SBA

Of the total $67,000 loan amount, the SBA guaranteed $56,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Greenbank and they will explain how you can get an SBA loan for your company.

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:

Assist-2-Sell

Family and Friend Investors - Your First Financiers

SBA 7A Lenders in Knoxville, Tennessee

Getting a Business Loan in Tennessee