Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Newhall, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Solid Waste Collection

Looking for loans for solid waste collection? Talk to a banker who works with the SBA. This $700,000 solid waste collection loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newhall, California was able to borrow $700,000 from Pacific Cap. Bank. The SBA made the loan possible by guaranteeing $525,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
Newhall, CA 91321

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

11/1/2007

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Advice on Getting a Small Business Loan

SBA 7A Banks in Santa Barbara, California

California SBA 7A Banks