Bank Loans for Beauty Salons

Looking for bank loans for beauty salons? The SBA may be the answer. This $180,000 beauty salons loan was issued by a Florida bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Fairwinds Cu, out of Orlando, Florida. The loan was granted and they received $180,000 to help grow their Orlando, Florida business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
ORLANDO, FL 32837

SBA Loan Lender

FAIRWINDS CU
135 W CENTRAL BLVD, STE 1220
ORLANDO, FL 32801

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

10/18/2006

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business planned 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 make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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