SBA Loans for Security Systems Services

With these SBA loans for security systems services, the SBA guarantees the lender that the loan will be repaid. This security systems services loan for $350,000 was given to a Texas entrepreneur in 2004.

This business knew how to go about getting a business bank loan. Based in Corpus Christi, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Valuebank Texas, based in Corpus Christi, Texas.

SBA Loan Borrower

COMPANY TYPE: SECURITY SYSTEMS SERVICES
CORPUS CHRISTI, TX 78412

SBA Loan Lender

VALUEBANK TEXAS
3649 LEOPARD ST
CORPUS CHRISTI, TX 78408

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

561621 - Security Systems Services

Loan Approval Date

5/11/2004

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Corpus Christi or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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