I have a laptop that I recently bought for school purposes it’s practically brand new and I paid $500 for it how much of a loan could I possibly get for it ???

Unfortunately a pawn shop might not be in your best interest. Although your electronic device may be worth gold, the selling value of it at a pawn shop is decreased to paper. A good rule of thumb is to check sites like E-Bay and look for the cheapest range. Cut that in half, leaving you with a real world estimate. As for a loan, you might be able to get about 1/3 value for the device. That way if you default on repayment they get your device and are not out any money.

Depending on what laptop it is, maybe about 100 to 150 dollars.