Eco Waste Management, Inc.
Eco Waste Management, Inc. is located in Adelanto, CA, and the SBA lists its industry as Materials Recovery Facilities. It was approved for an SBA 7(a) loan of $1,863,000 for a change of ownership on June 20, 2025.
SBA 7(a) loan, change of ownership, approved Jun 20, 2025
- Gross approval
- $1,863,000
- SBA-guaranteed amount
- $1,397,250 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 20, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,634 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 562920, Materials Recovery Facilities
- Project location
- San Bernardino County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Materials Recovery Facilities: $1,863,000.
- Average acquisition loan in California: $1,688,228.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in California
- Singh Disposal USA, Los Angeles