Where to Get Capital for Armored Car Services

Looking for small business loans for armored car services? The SBA may be the answer. This $75,000 armored car services loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Trenton, New Jersey was able to borrow $75,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $37,500 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: DETECTIVE, GUARD, AND ARMORED CAR SERVICES
TRENTON, NJ 08650

SBA Loan Lender

COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

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

SIC Code

7381 - Detective, Guard, and Armored Car Services

NAICS Code

561613 - Armored Car Services

Loan Approval Date

6/13/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 16 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 16 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Trenton NJ, you ought to talk with a local Trenton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Trenton businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Commerce Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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