Loans for Beauty Salons

Looking for loans for beauty salons? An SBA loan may be just what you've been looking for. This $150,000 beauty salons loan was issued by a Colorado bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with New Frontier Bank, out of Greeley, Colorado. The loan was granted and they received $150,000 to help grow their Greeley, Colorado business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
GREELEY, CO 80634

SBA Loan Lender

NEW FRONTIER BANK
2425 35TH AVE
GREELEY, CO 80634

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

4/10/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help create 5 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 $150,000 loan. Remember, where there is a will, there is a way!

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:

Borrowing Money from Friends and Family

SBA 7A Banks in Greeley, Colorado

SBA Lenders in Colorado