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November 24, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Bradenton, Business Loans > Community Bank Of Manatee Bradenton Business Loans > Beauty Shops Loan | ||||
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Small Business Banks for Holmes Beach, Florida Businesses
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Financing for Beauty SalonsLooking for commercial loans for beauty salons? Talk to a banker who works with the SBA. This $92,363 beauty salons loan was issued by a Florida bank. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community Bank Of Manatee, out of Bradenton, Florida. The loan was granted and they received $92,363 to help grow their Holmes Beach, Florida business. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender COMMUNITY BANK OF MANATEE This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 5/21/2002 Loan Approval Gross Amount $92,363 Loan Approval from the SBA Of the total $92,363 loan amount, the SBA guaranteed $78,508. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $92,363. How would you spend $92,363 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Bradenton, Florida Banks for Small Business Where to Get an SBA Loan Florida
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