Business Loans for Beauty Salons
Looking for business loans for beauty salons? An SBA loan may be just what you've been looking for. This $20,300 beauty salons loan was issued by a New Hampshire bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gilford, New Hampshire was able to borrow $20,300 from Meredith Village Savings Bank. The SBA made the loan possible by guaranteeing $10,150 of this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
GILFORD, NH 03249
SBA Loan Lender
MEREDITH VILLAGE SAVINGS BANK
24 STATE RTE 25
MEREDITH, NH 03253
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
2/17/2006
Loan Approval Gross Amount
$20,300
Loan Approval from the SBA
Of the total $20,300 loan amount, the SBA guaranteed $10,150.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are raising money in Gilford NH, you ought to talk with a local Gilford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gilford businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $20,300 loan. Remember, you control your own destiny.
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:
Understanding Dilution
SBA Participating Banks in Meredith, New Hampshire
New Hampshire SBA 7A Lenders