Borrowing Money for Waste Collection

Looking for loans for waste collection? Try the SBA. This $84,571 waste collection loan was issued by a Texas bank.

Getting a small business loan in Sonora, Texas was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from The Bank & Trust, Ssb, operating out of Del Rio, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: REFUSE SYSTEMS
SONORA, TX 76950

SBA Loan Lender

THE BANK & TRUST, SSB
1200 VETERANS BLVD
DEL RIO, TX 78840

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4953 - Refuse Systems

NAICS Code

562119 - Waste Collection

Loan Approval Date

5/7/2002

Loan Approval Gross Amount

$84,571

Loan Approval from the SBA

Of the total $84,571 loan amount, the SBA guaranteed $71,885.

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 documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $84,571 loan. Remember, where there is a will, there is a way!

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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