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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Rockville, Business Loans > Rockville Bank Rockville Business Loans > Detective, Guard, And Armored Car Services Loan | ||||
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Rockville Bank SBA Loans
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Security Guards and Patrol Services Commercial LoansLooking for commercial loans for security guards and patrol services? The SBA may be the answer. This $229,300 security guards and patrol services loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Hartford, Connecticut was able to borrow $229,300 from Rockville Bank. The SBA made the loan possible by guaranteeing $171,975 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: DETECTIVE, GUARD, AND ARMORED CAR SERVICES SBA Loan Lender ROCKVILLE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7381 - Detective, Guard, and Armored Car Services NAICS Code 561612 - Security Guards and Patrol Services Loan Approval Date 5/27/2003 Loan Approval Gross Amount $229,300 Loan Approval from the SBA Of the total $229,300 loan amount, the SBA guaranteed $171,975. 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 13 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Rockville Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Rockville Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Who Lends Money to Small Businesses in Rockville, Connecticut
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