 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | Sun American Bank Boca Raton Business Loans | ||||
 |
||||
SBA Lender Miami Florida
|
||||
 |
Borrowing Money for Offices of Real Estate Agents and BrokersWith these bank loans for offices of real estate agents and brokers, the SBA guarantees the lender that the loan will be repaid. This offices of real estate agents and brokers loan for $90,000 was given to a Florida entrepreneur in 2001.
Mtm International Realty, Inc. received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Sun American Bank, out of Boca Raton, Florida. The loan was granted and they received $90,000 to help grow their Miami, Florida business. SBA Loan Borrower MTM INTERNATIONAL REALTY, INC. SBA Loan Lender SUN AMERICAN BANK This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6531 - Real Estate Agents and Managers - see exception NAICS Code 531210 - Offices of Real Estate Agents and Brokers Loan Approval Date 1/11/2001 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. More Information on This SBA Loan The borrower, Mtm International Realty, Inc., 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 did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sun American Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Family and Friend Investors - Your First Financiers Find an SBA Lender in Boca Raton, Florida Getting a Business Loan in Florida If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
|
|
||
|
||||
|
|
||||
