Financing for Septic Tank and Related Services

With these commercial loans for septic tank and related services, the SBA guarantees the lender that the loan will be repaid. This septic tank and related services loan for $209,000 was given to an Iowa entrepreneur in 2008.

This business knew how to go about getting a business bank loan. Based in Dubuque, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Dupaco Community Cu, based in Dubuque, Iowa.

SBA Loan Borrower

COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
DUBUQUE, IA 52001

SBA Loan Lender

DUPACO COMMUNITY CU
3299 HILLCREST RD
DUBUQUE, IA 52001

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

562991 - Septic Tank and Related Services

Loan Approval Date

2/12/2008

Loan Approval Gross Amount

$209,000

Loan Approval from the SBA

Of the total $209,000 loan amount, the SBA guaranteed $104,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Dupaco Community Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Accountant's Role in Securing Financing

SBA 7A Banks in Dubuque, Iowa

Iowa SBA 7A Lenders