Where to Get Capital for Cosmetics, Beauty Supplies, and Perfume Stores

Looking for small business loans for cosmetics, beauty supplies, and perfume stores? Try the SBA. This $91,725 cosmetics, beauty supplies, and perfume stores loan was issued by an Oklahoma bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Henryetta, Oklahoma was able to borrow $91,725 from American Exchange Bank. The SBA made the loan possible by guaranteeing $77,966 of this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
HENRYETTA, OK 74437

SBA Loan Lender

AMERICAN EXCHANGE BANK
510 W MAIN
HENRYETTA, OK 74437

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

446120 - Cosmetics, Beauty Supplies, and Perfume Stores

Loan Approval Date

9/14/2001

Loan Approval Gross Amount

$91,725

Loan Approval from the SBA

Of the total $91,725 loan amount, the SBA guaranteed $77,966.

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 only one employee. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small 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 $91,725 loan. Remember, anyone can do it... so why not you?

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:

Investor Turnoffs

Find an SBA Lender in Henryetta, Oklahoma

Oklahoma SBA 7A Lenders