Coastway Cu Provides SBA Loan to Buy Hair Color Express Franchise
Borrowing money to purchase a Hair Color Express franchise? Coastway Cu has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Hair Color Express franchise? If so, here's a 2003 SBA franchise loan that you should know about. Coastway Cu was the lender and the entrepreneur was based in Cranston, Rhode Island.
SBA Loan Borrower
HAIRCOLORXPRESS
CRANSTON, RI 02920
SBA Loan Lender
COASTWAY CU
25 LOVELL AVE
CRANSTON, RI 02920
This lender provides SBA commercial 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
10/20/2003
Loan Approval Gross Amount
$240,000
Loan Approval from the SBA
Of the total $240,000 loan amount, the SBA guaranteed $180,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Hair Color Express franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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