How to Get a Loan for Beauty Salons

Looking for business loans for beauty salons? Try the SBA. This $65,000 beauty salons loan was issued by an Ohio bank.

Getting a small business loan in Hermitage, Pennsylvania was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank, operating out of Salineville, Ohio. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
HERMITAGE, PA 16148

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
10 E MAIN ST
SALINEVILLE, OH 43945

The lender provided this commercial 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

6/17/2004

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help create 10 new jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Hermitage PA, you ought to talk with a local Hermitage SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hermitage businesses.

We can help you find the best banks for small businesses in Hermitage or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Debt Financing

Small Bank Loans in Salineville, Ohio

SBA Ohio Lenders