Environmental Consulting Services Commercial Loans
Looking for commercial loans for environmental consulting services? An SBA loan may be just what you've been looking for. This $300,000 environmental consulting services loan was issued by an Alabama bank.
This business knew how to go about getting a business bank loan. Based in Pelham, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Red Mountain Bank, based in Birmingham, Alabama.
SBA Loan Borrower
COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
PELHAM, AL 35124
SBA Loan Lender
RED MOUNTAIN BANK
5 INVERNESS CENTER PKWY
BIRMINGHAM, AL 35242
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
541620 - Environmental Consulting Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 22 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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