Getting an SBA Loan for Health and Personal Care Stores
With these SBA loans for health and personal care stores, the SBA guarantees the lender that the loan will be repaid. This health and personal care stores loan for $345,000 was given to a Louisiana entrepreneur in 2006.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bizcapital Bidco II, LLC, out of New Orleans, Louisiana. The loan was granted and they received $345,000 to help grow their Kenner, Louisiana business.
SBA Loan Borrower
COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
KENNER, LA 70062
SBA Loan Lender
BIZCAPITAL BIDCO II, LLC
909 POYDRAS ST, SUITE 2230
NEW ORLEANS, LA 70112
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
446199 - Health and Personal Care Stores
Loan Approval Date
11/21/2006
Loan Approval Gross Amount
$345,000
Loan Approval from the SBA
Of the total $345,000 loan amount, the SBA guaranteed $258,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Business Line of Credit
SBA Participating Banks in New Orleans, Louisiana
Louisiana SBA 7A Banks