Borrow Money to Buy a Great Clips Franchise

Need money to buy a Great Clips franchise? Valley Bank Of Helena has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Clancy, Montana needed money to invest in a Great Clips franchise back in 2003. Valley Bank Of Helena issued an SBA franchise loan. Here are the details on this Montana small business loan.

SBA Loan Borrower

HEADWATERS SALONS LLC
CLANCY, MT 59634

SBA Loan Lender

VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601

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

812112 - Beauty Salons

Loan Approval Date

6/20/2003

Loan Approval Gross Amount

$59,500

Loan Approval from the SBA

Of the total $59,500 loan amount, the SBA guaranteed $50,575.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great Clips franchise. At the time of the loan, the company had 17 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 17 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Clancy MT, you ought to talk with a local Clancy SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clancy businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Valley Bank Of Helena and they will explain how you can get an SBA loan for your company.

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:

Great Clips, Inc.

Obtaining Funding - Friends and Family

SBA Participating Banks in Helena, Montana

Where to Get an SBA Loan Montana