How to Get a Loan for Cosmetics, Beauty Supplies, and Perfume Stores
Looking for commercial loans for cosmetics, beauty supplies, and perfume stores? The SBA may be the answer. This $184,800 cosmetics, beauty supplies, and perfume stores loan was issued by a California bank.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First Republic Bank, out of Walnut Creek, California. The loan was granted and they received $184,800 to help grow their Alameda, California business.
SBA Loan Borrower
COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
ALAMEDA, CA 94507
SBA Loan Lender
FIRST REPUBLIC BANK
1400 CIVIC DR
WALNUT CREEK, CA 94596
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446120 - Cosmetics, Beauty Supplies, and Perfume Stores
Loan Approval Date
4/16/2004
Loan Approval Gross Amount
$184,800
Loan Approval from the SBA
Of the total $184,800 loan amount, the SBA guaranteed $138,600.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Republic 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.
Related Links:
How to Raise Money
Who Lends Money to Small Businesses in Walnut Creek, California
Getting an SBA Loan in California