Pickerington, OH Entrepreneur Gets SBA Loan to Buy Hair Color Express Franchise

Borrowing money to invest in a Hair Color Express franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Hair Color Express franchise loans are available to Pickerington, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Hair Color Express franchise in 2003. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

HAIRCOLORXPERTS
PICKERINGTON, OH 43147

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

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

11/18/2003

Loan Approval Gross Amount

$261,300

Loan Approval from the SBA

Of the total $261,300 loan amount, the SBA guaranteed $195,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Hair Color Express franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help generate 23 new jobs and retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? 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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