Security Systems Services: SBA business acquisition loan data
37 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Security Systems Services (except Locksmiths) (NAICS 561621), totaling $41.8M. Median loan $679,000, 5% higher than the all-acquisition median.
The purchase agreement decides what you bought, not the loan approval.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,150,000 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #198 of 300 industries tracked.
- Geography. Pennsylvania leads with 5 loans; the top five states account for 43% of the industry's acquisitions.
- Jobs. Lenders reported 483 jobs supported across these loans, about 13.1 per acquisition, a rough proxy for the size of business changing hands.
Security Systems Services acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 3 | $1.7M | $551,000 | |
| FY2019 | 6 | $4.7M | $985,500 | |
| FY2020 | 9 | $14.4M | $515,000 | |
| FY2021 | 4 | $3.8M | $584,000 | |
| FY2022 | 2 | $2.5M | $1,225,000 | |
| FY2023 | 4 | $5.1M | $654,500 | |
| FY2024 | 2 | $2.7M | $1,336,050 | |
| FY2025 | 3 | $4.3M | $540,000 | |
| FY2026 | 4 | $2.7M | $751,800 |
How often do these acquisition loans fail?
Of the 22 Security Systems Services acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 10 have already been paid in full.
For comparison, Security Systems Services has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Pennsylvania | 5 | 13.5% | $3.7M | |
| 2 | Texas | 3 | 8.1% | $4.3M | |
| 3 | New York | 3 | 8.1% | $2.8M | |
| 4 | Florida | 3 | 8.1% | $2.3M | |
| 5 | Michigan | 2 | 5.4% | $5.4M | |
| 6 | Arkansas | 2 | 5.4% | $5.1M | |
| 7 | Arizona | 2 | 5.4% | $3.5M | |
| 8 | Mississippi | 2 | 5.4% | $785K | |
| 9 | Indiana | 2 | 5.4% | $724K | |
| 10 | Maryland | 1 | 2.7% | $4.4M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Beacon Bank and Trust | 5 | 13.5% | $8.6M | |
| 2 | The Huntington National Bank | 3 | 8.1% | $1.1M | |
| 3 | TowneBank | 2 | 5.4% | $1.6M | |
| 4 | Univest Bank and Trust Co | 2 | 5.4% | $1.1M | |
| 5 | Trustmark Bank | 2 | 5.4% | $785K | |
| 6 | Old National Bank | 1 | 2.7% | $5M | |
| 7 | First Financial Bank | 1 | 2.7% | $3.5M | |
| 8 | Pinnacle Bank | 1 | 2.7% | $3.3M | |
| 9 | St. Louis Bank | 1 | 2.7% | $2.4M | |
| 10 | First State Bank | 1 | 2.7% | $2.4M |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Questions buyers ask
How much is a typical SBA loan to buy a business in Security Systems Services?
Median $679,000 across 37 acquisition loans (FY2018 to FY2026); the middle half ran $350,000 to $1,150,000. That is 5% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Security Systems Services acquisitions?
Beacon Bank and Trust (5), The Huntington National Bank (3), TowneBank (2), Univest Bank and Trust Co (2), Trustmark Bank (2).
Are businesses in Security Systems Services often franchised?
Rarely. Only 0% of acquisition loans in this industry involved a franchised business; most are independent operators.
How risky are SBA loans for buying a business in Security Systems Services?
Of 22 seasoned loans (FY2018 to FY2021), none charged off, against the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Security Systems Services acquisitions?
Median term 10 years, average initial rate 7.14% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
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