Solid Waste Collection SBA Loans
With these SBA loans for solid waste collection, the SBA guarantees the lender that the loan will be repaid. This solid waste collection loan for $250,000 was given to a Texas entrepreneur in 2002.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Amegy Bank, out of Houston, Texas. The loan was granted and they received $250,000 to help grow their Houston, Texas business.
SBA Loan Borrower
COMPANY TYPE: SOLID WASTE COLLECTION
HOUSTON, TX 77040
SBA Loan Lender
AMEGY BANK
4400 POST OAK PKWY
HOUSTON, TX 77027
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562111 - Solid Waste Collection
Loan Approval Date
4/9/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Understanding Dilution
Where to Get an SBA Loan in Houston, Texas
SBA Texas Banks