Hazardous Waste Treatment and Disposal SBA Loans

With these SBA loans for hazardous waste treatment and disposal, the SBA guarantees the lender that the loan will be repaid. This hazardous waste treatment and disposal loan for $300,000 was given to a Texas entrepreneur in 2005.

This small business knew how to go about getting a business bank loan. Based in Conroe, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First International Bank, based in Plano, Texas.

SBA Loan Borrower

COMPANY TYPE: HAZARDOUS WASTE TREATMENT AND DISPOSAL
CONROE, TX 77303

SBA Loan Lender

FIRST INTERNATIONAL BANK
1912 AVE K, STE 100
PLANO, TX 75074

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

562211 - Hazardous Waste Treatment and Disposal

Loan Approval Date

3/22/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $150,000.

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 22 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 22 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours 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.

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