Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Waste Management Services

Looking for small business loans for waste management services? An SBA loan may be just what you've been looking for. This $429,000 waste management services loan was issued by an Alaska bank.

Getting a small business loan in Palmer, Alaska was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Alaska Growth Cap. Bidco Inc., operating out of Anchorage, Alaska. Here are the details on this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: WASTE MANAGEMENT SERVICES
PALMER, AK 99645

SBA Loan Lender

ALASKA GROWTH CAP. BIDCO INC.
3900 C STREET, SUITE 302
ANCHORAGE, AK 99503

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

562998 - Waste Management Services

Loan Approval Date

9/29/2006

Loan Approval Gross Amount

$429,000

Loan Approval from the SBA

Of the total $429,000 loan amount, the SBA guaranteed $321,750.

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. This SBA loan request indicated that the loan would help retain 1 existing job.

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

SBA loans provide money to small business owners for working capital for other expenses.

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 Alaska Growth Cap. Bidco Inc. 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:

Startup Funding Tip

Good Banks for Small Business in Anchorage, Alaska

Getting a Business Loan in Alaska