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November 15, 2024  
 
 
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Raising Money in Clovis, New Mexico With SBA Loans

 

 
Loan Census SBA Loan Info

Septic Tank and Related Services Loans

Looking for loans for septic tank and related services? Talk to a banker who works with the SBA. This $150,000 septic tank and related services loan was issued by a New Mexico bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with The Bank Of Clovis, out of Clovis, New Mexico. The loan was granted and they received $150,000 to help grow their Clovis, New Mexico business.

SBA Loan Borrower

COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
CLOVIS, NM 88101

SBA Loan Lender

THE BANK OF CLOVIS
300 N MAIN ST
CLOVIS, NM 88101

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562991 - Septic Tank and Related Services

Loan Approval Date

7/6/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 23 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Clovis NM, you ought to talk with a local Clovis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clovis businesses.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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