Borrowing Money for Solid Waste Collection
Looking for bank loans for solid waste collection? An SBA loan may be just what you've been looking for. This $140,000 solid waste collection loan was issued by a New York bank.
Getting a small business loan in Beaver Dams, New York was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Five Star Bank, operating out of Bath, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: SOLID WASTE COLLECTION
BEAVER DAMS, NY 14812
SBA Loan Lender
FIVE STAR BANK
44 LIBERTY ST
BATH, NY 14810
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562111 - Solid Waste Collection
Loan Approval Date
4/30/2002
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $105,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $140,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
How Equity Dilution Works
Small Bank Loans in Bath, New York
New York SBA Banks