Beauty Salons Small Business Loans

Looking for small business loans for beauty salons? Talk to a banker who works with the SBA. This $65,112 beauty salons loan was issued by a Maine bank.

Getting a small business loan in Presque Isle, Maine was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Katahdin Trust Co., operating out of Patten, Maine. Here are the details on this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
PRESQUE ISLE, ME 04769

SBA Loan Lender

KATAHDIN TRUST CO.
MAIN ST
PATTEN, ME 04765

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

5/4/2006

Loan Approval Gross Amount

$65,112

Loan Approval from the SBA

Of the total $65,112 loan amount, the SBA guaranteed $32,556.

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 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Katahdin Trust Co. and they will explain how you can get an SBA loan for your company.

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:

The Friends and Family Network

Small Business Banks in Patten, Maine

Find an SBA Lender in Maine