Loans for Security Systems Services

Looking for loans for security systems services? An SBA loan may be just what you've been looking for. This $38,600 security systems services loan was issued by a Massachusetts bank.

This small firm knew how to go about getting a business bank loan. Based in Dennis Port, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Td Banknorth, based in Hyannis, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: SECURITY SYSTEMS SERVICES
DENNIS PORT, MA 02639

SBA Loan Lender

TD BANKNORTH
307 MAIN ST
HYANNIS, MA 02601

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

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

1/7/2003

Loan Approval Gross Amount

$38,600

Loan Approval from the SBA

Of the total $38,600 loan amount, the SBA guaranteed $32,810.

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 4 employees. The SBA loan documents did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $38,600 loan. Remember, you control your own destiny.

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:

Raising Venture Capital

SBA Banks in Hyannis, Massachusetts

Getting an SBA Loan in Massachusetts