Waste Collection Commercial Loans

Looking for commercial loans for waste collection? Try the SBA. This $441,000 waste collection loan was issued by an Ohio bank.

Getting a small business loan in Hilliard, Ohio was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from The Citizens Banking Company, operating out of Dublin, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: WASTE COLLECTION
HILLIARD, OH 43026

SBA Loan Lender

THE CITIZENS BANKING COMPANY
6400 PERIMETER DR
DUBLIN, OH 43016

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562119 - Waste Collection

Loan Approval Date

6/20/2007

Loan Approval Gross Amount

$441,000

Loan Approval from the SBA

Of the total $441,000 loan amount, the SBA guaranteed $330,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Citizens Banking Company and they will explain how you can get an SBA loan for your company.

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:

Microlending as a Small Business Funding Source

Banks in Dublin, Ohio

Where to Get an SBA Loan Ohio