Borrowing Money for Security Guards and Patrol Services

With these 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 $80,000 was given to a Connecticut entrepreneur in 2005.

This small firm knew how to go about getting a business bank loan. Based in Meriden, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Castle Bank And Trust Company, based in Meriden, Connecticut.

SBA Loan Borrower

COMPANY TYPE: SECURITY GUARDS AND PATROL SERVICES
MERIDEN, CT 06451

SBA Loan Lender

CASTLE BANK AND TRUST COMPANY
100 HANOVER ST
MERIDEN, CT 06451

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561612 - Security Guards and Patrol Services

Loan Approval Date

4/15/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 80 employees. The SBA loan application for the borrower indicated that the loan would help retain 80 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Meriden CT, you ought to talk with a local Meriden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Meriden businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $80,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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SBA 7A Lenders in Meriden, Connecticut

Connecticut SBA Banks