Bank Loans for Environmental Consulting Services
Looking for bank loans for environmental consulting services? Talk to a banker who works with the SBA. This $100,000 environmental consulting services loan was issued by a Massachusetts bank.
This company knew how to go about getting a business bank loan. Based in Rockport (census Name Rockport, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Danversbank, based in Danvers, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
ROCKPORT (CENSUS NAME ROCKPORT, MA 01966
SBA Loan Lender
DANVERSBANK
1 CONANT ST
DANVERS, MA 01923
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541620 - Environmental Consulting Services
Loan Approval Date
1/13/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Rockport (census Name Rockport or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How Equity Dilution Works
SBA Participating Banks in Danvers, Massachusetts
Massachusetts SBA 7A Lenders