SBA Loans for Waste Collection

Looking for SBA loans for waste collection? An SBA loan may be just what you've been looking for. This $24,000 waste collection loan was issued by an Oklahoma bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Nbanc, out of Tulsa, Oklahoma. The loan was granted and they received $24,000 to help grow their Sand Springs, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: WASTE COLLECTION
SAND SPRINGS, OK 74063

SBA Loan Lender

NBANC
7127 S RIVERSIDE DR
TULSA, OK 74136

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562119 - Waste Collection

Loan Approval Date

4/8/2004

Loan Approval Gross Amount

$24,000

Loan Approval from the SBA

Of the total $24,000 loan amount, the SBA guaranteed $20,400.

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 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Nbanc and they will explain how you can get an SBA loan for your company.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Participating Banks in Tulsa, Oklahoma

Getting a Business Loan in Oklahoma