Surveillance dba Focal Point Security, LLC
Surveillance dba Focal Point Security, LLC is a security systems services business located in Mesa, AZ, in the Security Systems Services (except Locksmiths) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,073,000, approved by TowneBank on December 22, 2023.
SBA 7(a) loan, change of ownership, approved Dec 22, 2023
$1,073,000 approvedLender: TowneBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,073,000
- SBA-guaranteed amount
- $804,750 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 22, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $14,933 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 28, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 561621, Security Systems Services (except Locksmiths)
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Security Systems Services (except Locksmiths): $1,293,414.
- Average acquisition loan in Arizona: $1,690,811.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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