Cosmetics, Beauty Supplies, and Perfume Stores Loans

Looking for loans for cosmetics, beauty supplies, and perfume stores? Try the SBA. This $984,000 cosmetics, beauty supplies, and perfume stores loan was issued by an Arkansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Liberty Bank Of Arkansas, out of Mountain Home, Arkansas. The loan was granted and they received $984,000 to help grow their Mountain Home, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
MOUNTAIN HOME, AR 72653

SBA Loan Lender

LIBERTY BANK OF ARKANSAS
665 HWY 62 NE
MOUNTAIN HOME, AR 72653

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

1/26/2007

Loan Approval Gross Amount

$984,000

Loan Approval from the SBA

Of the total $984,000 loan amount, the SBA guaranteed $836,400.

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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Liberty Bank Of Arkansas and they will explain how you can get an SBA loan for your company.

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

SBA 7A Banks in Mountain Home, Arkansas

Getting an SBA Loan in Arkansas