Nail Salons Loans

Looking for loans for nail salons? An SBA loan may be just what you've been looking for. This $119,200 nail salons loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Lake Dallas, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Prosper Bank, based in Prosper, Texas.

SBA Loan Borrower

COMPANY TYPE: NAIL SALONS
LAKE DALLAS, TX 75065

SBA Loan Lender

PROSPER BANK
805 E 1ST ST
PROSPER, TX 75078

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812113 - Nail Salons

Loan Approval Date

4/26/2007

Loan Approval Gross Amount

$119,200

Loan Approval from the SBA

Of the total $119,200 loan amount, the SBA guaranteed $101,320.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $119,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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