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| Entrepreneur Resources | Nbanc Tulsa Business Loans | ||||
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Raising Money in Sand Springs, Oklahoma With SBA Loans
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Small Business Loans for Waste CollectionLooking for small business loans for waste collection? An SBA loan may be just what you've been looking for. This $24,000 waste collection loan was issued by an Oklahoma bank.
Metro Container Trash Service, received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Nbanc, out of Tulsa, Oklahoma. The loan was granted and they received $24,000 to help grow their Sand Springs, Oklahoma business. SBA Loan Borrower METRO CONTAINER TRASH SERVICE, SBA Loan Lender NBANC This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 562119 - Other Waste Collection Loan Approval Date 4/8/2004 Loan Approval Gross Amount $24,000 Loan Approval from the SBA Of the total $24,000 loan amount, the SBA guaranteed $20,400. More Information on This SBA Loan The borrower, Metro Container Trash Service,, 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 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 3/8/2006. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 Nbanc 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 SBA loan database. Related Links: Banking Deregulation's Effects on Entrepreneurship SBA Participating Banks in Tulsa, Oklahoma Getting a Business Loan in Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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