Security Systems Services Small Business Loans
With these small business loans for security systems services, the SBA guarantees the lender that the loan will be repaid. This security systems services loan for $1,000,000 was given to a entrepreneur in 2000.
This company knew how to go about getting a business bank loan. Based in Caguas, , they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Grow America Fund Inc, based in New York, New York.
SBA Loan Borrower
COMPANY TYPE: SECURITY SYSTEMS SERVICES
CAGUAS, PR 00926
SBA Loan Lender
GROW AMERICA FUND INC
708 THIRD AVENUE, SUITE 710
NEW YORK, NY 10017
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7382 - Security Systems Services
NAICS Code
561621 - Security Systems Services
Loan Approval Date
4/12/2000
Loan Approval Gross Amount
$1,000,000
Loan Approval from the SBA
Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 500 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
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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.
Related Links:
Obtaining Funding - How to Borrow Money
Find an SBA Lender in New York, New York
Getting an SBA Loan in New York