Beauty Salons Business Loans
Looking for business loans for beauty salons? The SBA may be the answer. This $420,000 beauty salons loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newport Beach, California was able to borrow $420,000 from Pacific Cap. Bank. The SBA made the loan possible by guaranteeing $315,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
NEWPORT BEACH, CA 92663
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
2/12/2004
Loan Approval Gross Amount
$420,000
Loan Approval from the SBA
Of the total $420,000 loan amount, the SBA guaranteed $315,000.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help 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.
We can help you find the best banks for small businesses in Newport Beach 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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