Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Burnside, Iowa Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Security Guards and Patrol Services

Looking for commercial loans for security guards and patrol services? An SBA loan may be just what you've been looking for. This $100,000 security guards and patrol services loan was issued by a Rhode Island bank.

Getting a small business loan in Burnside, Iowa was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Providence, Rhode Island. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: SECURITY GUARDS AND PATROL SERVICES
BURNSIDE, IA 50521

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561612 - Security Guards and Patrol Services

Loan Approval Date

12/7/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 46 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 56 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Burnside IA, you ought to talk with a local Burnside SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Burnside businesses.

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 Rbs Citizens 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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