Financing for Beauty Salons
Looking for loans for beauty salons? The SBA may be the answer. This $1,148,800 beauty salons loan was issued by a Florida bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pembroke Pines, Florida was able to borrow $1,148,800 from 1st United Bank. The SBA made the loan possible by guaranteeing $861,600 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
PEMBROKE PINES, FL 33029
SBA Loan Lender
1ST UNITED BANK
ONE NORTH FEDERAL HWY
BOCA RATON, FL 33432
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
9/15/2005
Loan Approval Gross Amount
$1,148,800
Loan Approval from the SBA
Of the total $1,148,800 loan amount, the SBA guaranteed $861,600.
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 2 employees. This SBA loan request indicated that the loan would help retain 48 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $1,148,800. How would you spend $1,148,800 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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