Getting an SBA Loan for Security Systems Services
With these commercial loans for security systems services, the SBA guarantees the lender that the loan will be repaid. This security systems services loan for $45,600 was given to a Texas entrepreneur in 2000.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with State National Bank, out of El Paso, Texas. The loan was granted and they received $45,600 to help grow their El Paso, Texas business.
SBA Loan Borrower
COMPANY TYPE: SECURITY SYSTEMS SERVICES
EL PASO, TX 79904
SBA Loan Lender
STATE NATIONAL BANK
690 SUNLAND PARK DR
EL PASO, TX 79912
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
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
2/16/2000
Loan Approval Gross Amount
$45,600
Loan Approval from the SBA
Of the total $45,600 loan amount, the SBA guaranteed $36,480.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in El Paso 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.
Related Links:
Obtaining Funding - How to Borrow Money
Small Business Banks in El Paso, Texas
Where to Get an SBA Loan Texas