Get an SBA Loan for Beauty Salons
Looking for bank loans for beauty salons? The SBA may be the answer. This $212,000 beauty salons loan was issued by a Pennsylvania bank.
Getting a small business loan in Barto, Pennsylvania was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from National Penn Bank, operating out of Boyertown, Pennsylvania. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
BARTO, PA 19504
SBA Loan Lender
NATIONAL PENN BANK
PHILADELPHIA & READING AVES
BOYERTOWN, PA 19512
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
10/4/2004
Loan Approval Gross Amount
$212,000
Loan Approval from the SBA
Of the total $212,000 loan amount, the SBA guaranteed $159,000.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Barto PA, you ought to talk with a local Barto SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Barto businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $212,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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Pennsylvania SBA Banks