Borrowing Money for Solid Waste Collection
Looking for loans for solid waste collection? An SBA loan may be just what you've been looking for. This $664,000 solid waste collection loan was issued by a Colorado bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pueblo, Colorado was able to borrow $664,000 from Community Banks Of Colorado. The SBA made the loan possible by guaranteeing $498,000 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: SOLID WASTE COLLECTION
PUEBLO, CO 81001
SBA Loan Lender
COMMUNITY BANKS OF COLORADO
5690 SOUTH DTC BLVD, STE 450
GREENWOOD VILLAGE, CO 80111
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562111 - Solid Waste Collection
Loan Approval Date
11/20/2006
Loan Approval Gross Amount
$664,000
Loan Approval from the SBA
Of the total $664,000 loan amount, the SBA guaranteed $498,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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