Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Raising Money in Rapid City, South Dakota With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Assist 2 Sell Discount Realty Franchise Issued By Pioneer Bank & Trust

Need money to buy an Assist 2 Sell Discount Realty franchise? Pioneer Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near Rapid City, South Dakota and are interested in buying an Assist 2 Sell Discount Realty franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2008 by Pioneer Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ASSIST 2 SELL
RAPID CITY, SD 57702

SBA Loan Lender

PIONEER BANK & TRUST
700 STATE ST
BELLE FOURCHE, SD 57717

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

2/12/2008

Loan Approval Gross Amount

$118,500

Loan Approval from the SBA

Of the total $118,500 loan amount, the SBA guaranteed $100,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Assist 2 Sell Discount Realty franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

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

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Rapid City 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:

Assist-2-Sell

Bank Credit Lines

Banks in Belle Fourche, South Dakota

South Dakota SBA Banks