Main Street Registry

Waste Removal and Recycling, Inc.

Sacramento, CA · Solid Waste Collection · NAICS 562111

Waste Removal and Recycling, Inc. is a solid waste collection business located in Sacramento, California, in the NAICS 562111 industry. The company financed real estate or equipment through an SBA 504 loan with a $1,075,000 SBA portion, approved on March 8, 2024, with BAC Community Bank as the lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Mar 8, 2024

$1,075,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,075,000
Bank portion
$1,497,500
Estimated project size
$2,858,333 (estimated)
Estimated owner equity
$285,833 (estimated, about 10% of the project)
Bank lender
BAC Community Bank, Stockton, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 8, 2049 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
562111, Solid Waste Collection
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-6
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Average expansion loan in Solid Waste Collection: $1,704,273.
  • Average expansion loan in California: $2,161,468.

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