Loan Census Banking News and Information
December 28, 2024  
 
 
  Business Loan Information  
 

Business Loans for Evans Small Businesses

 

 
Loan Census SBA Loan Info

Raising Money for Solid Waste Collection

Looking for bank loans for solid waste collection? An SBA loan may be just what you've been looking for. This $588,000 solid waste collection loan was issued by a Georgia bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Queensborough National Bank & Trust, out of Statesboro, Georgia. The loan was granted and they received $588,000 to help grow their Evans, Georgia business.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
EVANS, GA 30809

SBA Loan Lender

QUEENSBOROUGH NATIONAL BANK & TRUST
120 S ZETTEROWER AVE
STATESBORO, GA 30458

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

7/12/2004

Loan Approval Gross Amount

$588,000

Loan Approval from the SBA

Of the total $588,000 loan amount, the SBA guaranteed $441,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

Related Links:

Obtaining Funding - Getting Venture Capital

Small Business Banks in Statesboro, Georgia

Georgia SBA 7A Lenders