How to Get a Loan for Environmental Consulting Services

Looking for commercial loans for environmental consulting services? Try the SBA. This $50,000 environmental consulting services loan was issued by a New York bank.

This small business knew how to go about getting a business bank loan. Based in Carteret, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Capital One, based in Melville, New York.

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
CARTERET, NJ 07008

SBA Loan Lender

CAPITAL ONE
275 BROADHOLLOW RD
MELVILLE, NY 11747

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541620 - Environmental Consulting Services

Loan Approval Date

8/29/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 19 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 25 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Carteret NJ, you ought to talk with a local Carteret SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carteret businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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Small Bank Loans in Melville, New York

SBA New York Banks