Business Loans for Solid Waste Collection
Looking for business loans for solid waste collection? Talk to a banker who works with the SBA. This $766,000 solid waste collection loan was issued by a Georgia bank.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with North Atlanta National Bank, out of Alpharetta, Georgia. The loan was granted and they received $766,000 to help grow their Douglasville, Georgia business.
SBA Loan Borrower
COMPANY TYPE: SOLID WASTE COLLECTION
DOUGLASVILLE, GA 30154
SBA Loan Lender
NORTH ATLANTA NATIONAL BANK
10500 OLD ALABAMA RD CONNECTO
ALPHARETTA, GA 30022
This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562111 - Solid Waste Collection
Loan Approval Date
4/19/2002
Loan Approval Gross Amount
$766,000
Loan Approval from the SBA
Of the total $766,000 loan amount, the SBA guaranteed $574,500.
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 only one employee. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from North Atlanta National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Obtaining Funding - Friends and Family
SBA Approved Banks in Alpharetta, Georgia
SBA Lenders in Georgia