How to Get a Loan for Environmental Consulting Services

With these SBA loans for environmental consulting services, the SBA guarantees the lender that the loan will be repaid. This environmental consulting services loan for $1,303,338 was given to a North Carolina entrepreneur in 2005.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Carolina First Bank, out of Hendersonville, North Carolina. The loan was granted and they received $1,303,338 to help grow their Asheville, North Carolina business.

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
ASHEVILLE, NC 28803

SBA Loan Lender

CAROLINA FIRST BANK
201 WREN DR
HENDERSONVILLE, NC 28793

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541620 - Environmental Consulting Services

Loan Approval Date

8/11/2005

Loan Approval Gross Amount

$1,303,338

Loan Approval from the SBA

Of the total $1,303,338 loan amount, the SBA guaranteed $977,504.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Carolina First Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Realistic Debt Financing Options

Where to Get an SBA Loan in Hendersonville, North Carolina

SBA North Carolina Lenders