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December 23, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Beauty Salons Loan | ||||
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Examples of Marlton SBA Loans
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Small Business Loans for Beauty SalonsWith these small business loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $189,000 was given to a New Jersey entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Marlton, New Jersey was able to borrow $189,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $141,750 of this New Jersey small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 12/24/2002 Loan Approval Gross Amount $189,000 Loan Approval from the SBA Of the total $189,000 loan amount, the SBA guaranteed $141,750. 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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: The Friends and Family Network Good Banks for Small Business in Henderson, Nevada
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