How to Get a Loan for Waste Collection

Looking for business loans for waste collection? An SBA loan may be just what you've been looking for. This $142,000 waste collection loan was issued by a Connecticut bank.

Getting a small business loan in Prospect, Connecticut was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Naugatuck Savings Bank, operating out of Naugatuck, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES
PROSPECT, CT 06712

SBA Loan Lender

NAUGATUCK SAVINGS BANK
87 CHURCH ST
NAUGATUCK, CT 06770

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8999 - Services

NAICS Code

562119 - Waste Collection

Loan Approval Date

11/20/2001

Loan Approval Gross Amount

$142,000

Loan Approval from the SBA

Of the total $142,000 loan amount, the SBA guaranteed $120,700.

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 only one employee. The loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Borrowing Money from Friends and Family

Small Bank Loans in Naugatuck, Connecticut

SBA Connecticut Lenders