Where to Get Capital for Beauty Salons

Looking for SBA loans for beauty salons? The SBA may be the answer. This $51,679 beauty salons loan was issued by a Washington bank.

Getting a small business loan in Kennewick, Washington was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank, operating out of Spokane, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
KENNEWICK, WA 99338

SBA Loan Lender

STERLING SAVINGS BANK
111 N WALL ST
SPOKANE, WA 99201

The lender provided this SBA 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

8/14/2007

Loan Approval Gross Amount

$51,679

Loan Approval from the SBA

Of the total $51,679 loan amount, the SBA guaranteed $25,839.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 40 new jobs and retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Kennewick WA, you ought to talk with a local Kennewick SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kennewick businesses.

We can help you find the best banks for small businesses in Kennewick 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:

How to Raise Money

SBA Participating Banks in Spokane, Washington

Where to Get an SBA Loan Washington