Borrowing Money for Solid Waste Collection

With these bank loans for solid waste collection, the SBA guarantees the lender that the loan will be repaid. This solid waste collection loan for $20,000 was given to a Kentucky entrepreneur in 2006.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Hometown Bank - Corbin Inc. D/b/, out of Corbin, Kentucky. The loan was granted and they received $20,000 to help grow their London, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
LONDON, KY 40741

SBA Loan Lender

HOMETOWN BANK - CORBIN INC. D/B/
1030 CUMBERLAND FALLS HWY
CORBIN, KY 40701

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

562111 - Solid Waste Collection

Loan Approval Date

1/10/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

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 Hometown Bank - Corbin Inc. D/b/ 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.

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