How to Get a Loan for Beauty Salons
Looking for SBA loans for beauty salons? An SBA loan may be just what you've been looking for. This $150,000 beauty salons loan was issued by a California bank.
This small business knew how to go about getting a business bank loan. Based in Riverside, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Gateway Business Bank, based in Cerritos, California.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
RIVERSIDE, CA 92508
SBA Loan Lender
GATEWAY BUSINESS BANK
18000 STUDEBAKER RD, STE 550
CERRITOS, CA 90703
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
6/29/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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.
Related Links:
Obtaining Funding - How to Borrow Money
Banks in Cerritos, California
SBA Lenders in California