Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Fort Lauderdale, Florida and We Got One!

 

 
Loan Census SBA Loan Info

Bank Loans for Security Systems Services

With these bank loans for security systems services, the SBA guarantees the lender that the loan will be repaid. This security systems services loan for $873,000 was given to a Florida entrepreneur in 2001.

Getting a small business loan in Fort Lauderdale, Florida was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wachovia Sba Lending, Inc., operating out of Roseville, California. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: SECURITY SYSTEMS SERVICES
FORT LAUDERDALE, FL 33309

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561621 - Security Systems Services

Loan Approval Date

8/31/2001

Loan Approval Gross Amount

$873,000

Loan Approval from the SBA

Of the total $873,000 loan amount, the SBA guaranteed $654,750.

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 40 employees. The loan application indicated that the loan would help generate 22 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Famous Venture Capitalists

SBA Participating Banks in Roseville, California

California SBA 7A Banks