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December 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Beauty Salons Loan | ||||
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Good Banks for Merion Park Businesses
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Loans for Beauty SalonsLooking for loans for beauty salons? Talk to a banker who works with the SBA. This $150,000 beauty salons loan was issued by a Nevada bank. This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Citibank, out of Las Vegas, Nevada. The loan was granted and they received $150,000 to help grow their Merion Park, Pennsylvania business. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender CITIBANK This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 2/13/2008 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: SBA Banks in Las Vegas, Nevada
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