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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Getting an SBA Loan for Solid Waste Collection

Looking for commercial loans for solid waste collection? The SBA may be the answer. This $25,000 solid waste collection loan was issued by a Massachusetts bank.

This business knew how to go about getting a business bank loan. Based in Malden, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Everett Co-Operative Bank, based in Everett, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
MALDEN, MA 02148

SBA Loan Lender

EVERETT CO-OPERATIVE BANK
419 BROADWAY
EVERETT, MA 02149

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

562111 - Solid Waste Collection

Loan Approval Date

12/11/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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 Everett Co-Operative Bank 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.

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