Where to Get Capital for Beauty Salons
Looking for SBA loans for beauty salons? The SBA may be the answer. This $44,000 beauty salons loan was issued by an Alaska bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Juneau, Alaska was able to borrow $44,000 from Alaska Pacific Bank. The SBA made the loan possible by guaranteeing $35,200 of this Alaska small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SHOPS
JUNEAU, AK 99801
SBA Loan Lender
ALASKA PACIFIC BANK
2094 JORDAN AVE
JUNEAU, AK 99801
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
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
3/13/2000
Loan Approval Gross Amount
$44,000
Loan Approval from the SBA
Of the total $44,000 loan amount, the SBA guaranteed $35,200.
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 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Alaska Pacific Bank and they will explain how you can get an SBA loan for your company.
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:
A Company That Helps Entrepreneurs
SBA Banks in Juneau, Alaska
Find an SBA Lender in Alaska