How to Get a Loan for Waste Management Services

With these commercial loans for waste management services, the SBA guarantees the lender that the loan will be repaid. This waste management services loan for $420,000 was given to a California entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in Marina, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Monterey County Bank, based in Monterey, California.

SBA Loan Borrower

COMPANY TYPE: WASTE MANAGEMENT SERVICES
MARINA, CA 93933

SBA Loan Lender

MONTEREY COUNTY BANK
601 MUNRAS AVE
MONTEREY, CA 93940

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562998 - Waste Management Services

Loan Approval Date

5/2/2006

Loan Approval Gross Amount

$420,000

Loan Approval from the SBA

Of the total $420,000 loan amount, the SBA guaranteed $315,000.

More Information on This SBA Loan

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

Next Steps for Getting an SBA Loan

If you need money to start business in Marina CA, you ought to talk with a local Marina SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marina businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Monterey County Bank 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.

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SBA Banks in Monterey, California

SBA California Banks