Borrego Springs Bank Gives Bank Loan to Hazardous Waste Treatment And Disposal Company

Would a Tennessee small business loan help your small business to grow and prosper? If so, you may want to talk with this California bank, which offers SBA loans to Tennessee entrepreneurs.

You can learn something about getting a small business loan in Nashville, Tennessee by studying this loan to a local company, made back in 2002. Banks like Borrego Springs Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: HAZARDOUS WASTE TREATMENT AND DISPOSAL
NASHVILLE, TN 37207

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562211 - Hazardous Waste Treatment and Disposal

Loan Approval Date

2/26/2002

Loan Approval Gross Amount

$1,125,000

Loan Approval from the SBA

Of the total $1,125,000 loan amount, the SBA guaranteed $843,750.

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 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 40 existing jobs.

Getting an SBA Loan For Your Business

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

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:

Microlending as a Small Business Funding Source

SBA Participating Banks in Borrego Springs, California

Find an SBA Lender in California