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March 28, 2024  
 
 
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Examples of West Haven SBA Loans

 

 
Loan Census SBA Loan Info

Solid Waste Collection Loans

Looking for loans for solid waste collection? An SBA loan may be just what you've been looking for. This $400,000 solid waste collection loan was issued by a Connecticut bank.

This small firm knew how to go about getting a business bank loan. Based in West Haven, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Prime Bank, based in Orange, Connecticut.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
WEST HAVEN, CT 06516

SBA Loan Lender

PRIME BANK
7 OLD TAVERN RD
ORANGE, CT 06477

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

5/3/2004

Loan Approval Gross Amount

$400,000

Loan Approval from the SBA

Of the total $400,000 loan amount, the SBA guaranteed $300,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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.

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