Business Loans for Health and Personal Care Stores

Looking for business loans for health and personal care stores? Try the SBA. This $271,200 health and personal care stores loan was issued by an Alabama bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Birmingham, Alabama was able to borrow $271,200 from First American Bank. The SBA made the loan possible by guaranteeing $203,400 of this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
BIRMINGHAM, AL 35203

SBA Loan Lender

FIRST AMERICAN BANK
1927 FIRST AVE NORTH
BIRMINGHAM, AL 35203

This business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

8/16/2002

Loan Approval Gross Amount

$271,200

Loan Approval from the SBA

Of the total $271,200 loan amount, the SBA guaranteed $203,400.

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 8 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First American Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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