Cit Small Business Lending Corp Provides SBA Loan to Buy Great Clips Franchise

Need a loan to invest in a Great Clips franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Great Clips franchise loans are available to Pacific Manor, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a Great Clips franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

GREAT CLIPS
PACIFIC MANOR, CA 94303

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

2/7/2003

Loan Approval Gross Amount

$152,000

Loan Approval from the SBA

Of the total $152,000 loan amount, the SBA guaranteed $114,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Great Clips franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Pacific Manor CA, you ought to talk with a local Pacific Manor SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pacific Manor businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Cit Small Business Lending Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Great Clips, Inc.

Business Credit Evaluation

Small Bank Loans in Livingston, New Jersey

New Jersey SBA Banks