Where to Get Capital for Security Guards and Patrol Services

With these small business loans for security guards and patrol services, the SBA guarantees the lender that the loan will be repaid. This security guards and patrol services loan for $2,000,000 was given to a California entrepreneur in 2007.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with South Valley National Bank A Divis, out of Gilroy, California. The loan was granted and they received $2,000,000 to help grow their Calabasas, California business.

SBA Loan Borrower

COMPANY TYPE: SECURITY GUARDS AND PATROL SERVICES
Calabasas, CA 91302

SBA Loan Lender

SOUTH VALLEY NATIONAL BANK A DIVIS
8000 SANTA TERESA BLVD
GILROY, CA 95020

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561612 - Security Guards and Patrol Services

Loan Approval Date

3/26/2007

Loan Approval Gross Amount

$2,000,000

Loan Approval from the SBA

Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.

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 275 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 275 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

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Best Gilroy, California Banks for Small Business

Getting an SBA Loan in California