Loans for Cosmetics, Beauty Supplies, and Perfume Stores

Looking for loans for cosmetics, beauty supplies, and perfume stores? Talk to a banker who works with the SBA. This $43,000 cosmetics, beauty supplies, and perfume stores loan was issued by a Nebraska bank.

This small firm knew how to go about getting a business bank loan. Based in Lexington, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Five Points Bank, based in Grand Island, Nebraska.

SBA Loan Borrower

COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
LEXINGTON, NE 68850

SBA Loan Lender

FIVE POINTS BANK
370 N WALNUT ST
GRAND ISLAND, NE 68801

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.

NAICS Code

446120 - Cosmetics, Beauty Supplies, and Perfume Stores

Loan Approval Date

1/8/2002

Loan Approval Gross Amount

$43,000

Loan Approval from the SBA

Of the total $43,000 loan amount, the SBA guaranteed $36,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Five Points Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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