SBA Loans for Waste Management Services
With these SBA loans for waste management services, the SBA guarantees the lender that the loan will be repaid. This waste management services loan for $72,500 was given to a California entrepreneur in 2001.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of The West, out of Salt Lake City, Utah. The loan was granted and they received $72,500 to help grow their San Diego, California business.
SBA Loan Borrower
COMPANY TYPE: WASTE MANAGEMENT SERVICES
SAN DIEGO, CA 92101
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562998 - Waste Management Services
Loan Approval Date
11/30/2001
Loan Approval Gross Amount
$72,500
Loan Approval from the SBA
Of the total $72,500 loan amount, the SBA guaranteed $61,625.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of The West had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of The West made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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