Beauty Salons Business Loans

Looking for business loans for beauty salons? Talk to a banker who works with the SBA. This $10,516 beauty salons loan was issued by an Iowa bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Northwoods State Bank, out of Mason City, Iowa. The loan was granted and they received $10,516 to help grow their Mason City, Iowa business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
MASON CITY, IA 50401

SBA Loan Lender

NORTHWOODS STATE BANK
2650 4TH ST SW
MASON CITY, IA 50401

The lender provided this SBA bank 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

11/17/2004

Loan Approval Gross Amount

$10,516

Loan Approval from the SBA

Of the total $10,516 loan amount, the SBA guaranteed $5,258.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Mason City 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.

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