Beauty Salons Small Business Loans
Looking for small business loans for beauty salons? An SBA loan may be just what you've been looking for. This $91,200 beauty salons loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Beach Gardens, Florida was able to borrow $91,200 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $45,600 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
PALM BEACH GARDENS, FL 33410
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
6/13/2006
Loan Approval Gross Amount
$91,200
Loan Approval from the SBA
Of the total $91,200 loan amount, the SBA guaranteed $45,600.
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 generate 1 new job and retain 10 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $91,200 loan. Remember, if it to be, it is up to me!
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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Small Business Banks in Houston, Texas
SBA Participating Banks in Texas