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April 20, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Dothan, Business Loans > Ameris Bank Dothan Business Loans > Security Systems Services Loan | ||||
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Dothan Bank Loan
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Dothan, Alabama Bank Lends Money to Security Systems Services Company in Dothan, AlabamaWant to talk with a Dothan, Alabama bank about a small business loan? Here's one Alabama business loan, issued by a Dothan bank, that was approved by the SBA. Applying for an SBA loan with Ameris Bank worked out well for our friends at one local business in Dothan, Alabama. The business was able to get an SBA loan for $500,000. Nice! SBA Loan Borrower COMPANY TYPE: SECURITY SYSTEMS SERVICES SBA Loan Lender AMERIS BANK This SBA small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a thorough understanding of SBA lending rules and regulations. 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 4/13/2000 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 22 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees 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. This SBA loan was for $500,000. How would you spend $500,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Dothan, Alabama Banks for Small Business
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