Wisconsin Entrepreneur Secures Financing to Buy Century 21 Franchise

Borrowing money to purchase a Century 21 franchise? River Valley Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Century 21 franchise is doable. In 2005, River Valley Bank issued an SBA franchise loan to an entrepreneur in Wausau, Wisconsin. Because Century 21 was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.

SBA Loan Borrower

CONTEMPORARY REAL ESTATE SERVICES, LLC
WAUSAU, WI 54403

SBA Loan Lender

RIVER VALLEY BANK
327 N 17TH AVE
WAUSAU, WI 54401

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

12/21/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Century 21 franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the borrowed money would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Wausau WI, you ought to talk with a local Wausau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wausau businesses.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Century 21 Real Estate Corporation

Obtaining Funding - How to Decide How Much to Raise

Where to Get an SBA Loan in Wausau, Wisconsin

Getting an SBA Loan in Wisconsin