Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Banks in Missouri

 

 
Loan Census SBA Loan Info

Waste Management Services Small Business Loans

With these small business loans for waste management services, the SBA guarantees the lender that the loan will be repaid. This waste management services loan for $150,000 was given to a Missouri entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Hazelwood, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Southwest Bank Of St. Louis, based in Saint Louis, Missouri.

SBA Loan Borrower

COMPANY TYPE: WASTE MANAGEMENT SERVICES
HAZELWOOD, MO 63042

SBA Loan Lender

SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562998 - Waste Management Services

Loan Approval Date

1/27/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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. The SBA loan documents indicated that the funding would help create 2 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

The Art of Bootstrapping

Small Bank Loans in Saint Louis, Missouri

Missouri SBA 7A Lenders