Financing for Solid Waste Collection
With these commercial loans for solid waste collection, the SBA guarantees the lender that the loan will be repaid. This solid waste collection loan for $674,000 was given to a Texas entrepreneur in 2006.
Getting a small business loan in Tye, Texas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank, operating out of Abilene, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE
TYE, TX 79563
SBA Loan Lender
4201 S TREADAWAY BLVD
ABILENE, TX 79602
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
4212 - Local Trucking Without Storage
562111 - Solid Waste Collection
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $674,000 loan amount, the SBA guaranteed $505,500.
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 19 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 Citizens 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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