Small Business Loans for Beauty Salons

Looking for small business loans for beauty salons? An SBA loan may be just what you've been looking for. This $105,000 beauty salons loan was issued by a Kansas bank.

This small firm knew how to go about getting a business bank loan. Based in Manhattan, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Sunflower Bank, based in Salina, Kansas.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
MANHATTAN, KS 66502

SBA Loan Lender

SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

3/16/2007

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $52,500.

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 5 employees. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Sunflower Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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