Where to Get Capital for Beauty Salons
Looking for small business loans for beauty salons? Talk to a banker who works with the SBA. This $189,600 beauty salons loan was issued by a Georgia bank.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Rbc Centura Bank, out of Norcross, Georgia. The loan was granted and they received $189,600 to help grow their Duluth, Georgia business.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
DULUTH, GA 30097
SBA Loan Lender
RBC CENTURA BANK
3320 HOLCOMB BRIDGE RD NW, ST
NORCROSS, GA 30092
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
10/25/2005
Loan Approval Gross Amount
$189,600
Loan Approval from the SBA
Of the total $189,600 loan amount, the SBA guaranteed $142,200.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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