More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven.
Source: Inman News
Real estate agents received billions in PPP loans during the pandemic
Published in Banking & Lending, Industry News, loan forgiveness, loans, Markets & Economy, NAR, national association of realtors, NBC News, News Brief, paycheck protection program, PPP, Real Estate Agents, Select and small business
More from Banking & LendingMore posts in Banking & Lending »
- 8 reasons you should never recommend a 50-year mortgage
- Are 50-year mortgages an affordability fix or a time bomb?
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from Industry NewsMore posts in Industry News »
More from loan forgivenessMore posts in loan forgiveness »
More from loansMore posts in loans »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from NARMore posts in NAR »
More from national association of realtorsMore posts in national association of realtors »
More from NBC NewsMore posts in NBC News »
More from News BriefMore posts in News Brief »
More from paycheck protection programMore posts in paycheck protection program »
- Merger of Lower and Thrive would give Veritex 12.5% ownership stake
- LA broker sentenced to 10 years for role in pandemic relief scheme
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The Paycheck Protection Program is back. Here’s what you need to know
- Everything that happened in 2020, the wildest year of our lives
More from PPPMore posts in PPP »
- Miami Luxury agent Daniela Rendon pleads guilty to PPP fraud
- Ready to saddle up and make the move to Montana? The Real Word
- Agents get an average of $12,500 in forgivable PPP loans: MooveGuru
- The biggest leadership lesson I learned in 2020: Let go
- The Paycheck Protection Program is back. Here’s what you need to know
More from Real Estate AgentsMore posts in Real Estate Agents »
- Listing leverage: How to win the game of securing sellers
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Why 2026 will reward those who plan with precision, not emotion: Mauricio Umansky
- Coldwell Banker nabs 1,300-agent affiliate from Berkshire Hathaway
- NAR’s new consumer profile shows agents how to thrive in 2026
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment