Raising Money for Security Systems Services

Looking for business loans for security systems services? Talk to a banker who works with the SBA. This $63,000 security systems services loan was issued by a Wyoming bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Converse County Bank, out of Douglas, Wyoming. The loan was granted and they received $63,000 to help grow their Douglas, Wyoming business.

SBA Loan Borrower

COMPANY TYPE: SECURITY SYSTEMS SERVICES
DOUGLAS, WY 82633

SBA Loan Lender

THE CONVERSE COUNTY BANK
322 WALNUT
DOUGLAS, WY 82633

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561621 - Security Systems Services

Loan Approval Date

10/18/2004

Loan Approval Gross Amount

$63,000

Loan Approval from the SBA

Of the total $63,000 loan amount, the SBA guaranteed $53,550.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Douglas 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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SBA Lenders in Wyoming