Business Loans for Environmental Consulting Services
With these business loans for environmental consulting services, the SBA guarantees the lender that the loan will be repaid. This environmental consulting services loan for $215,000 was given to a Missouri entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Platte City, Missouri was able to borrow $215,000 from Enterprise Bank & Trust. The SBA made the loan possible by guaranteeing $161,250 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES
PLATTE CITY, MO 64079
SBA Loan Lender
ENTERPRISE BANK & TRUST
150 N MERAMEC AVE
CLAYTON, MO 63105
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8999 - Services
NAICS Code
541620 - Environmental Consulting Services
Loan Approval Date
12/19/2000
Loan Approval Gross Amount
$215,000
Loan Approval from the SBA
Of the total $215,000 loan amount, the SBA guaranteed $161,250.
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. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Angel Investors
SBA Approved Banks in Clayton, Missouri
SBA Participating Banks in Missouri