Santa Barbara, California Bank Gives SBA Loan to Cosmetology And Barber Schools Company

Thinking about meeting with a Santa Barbara, California bank about a small business loan? Here's one Arizona business loan, issued by a Santa Barbara bank, that was approved by the SBA.

Applying for an SBA loan with Pacific Cap. Bank worked out well for our friends at one local firm in Scottsdale, Arizona. They received an SBA loan for $1,211,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: COSMETOLOGY AND BARBER SCHOOLS
SCOTTSDALE, AZ 85258

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

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

611511 - Cosmetology and Barber Schools

Loan Approval Date

8/11/2004

Loan Approval Gross Amount

$1,211,000

Loan Approval from the SBA

Of the total $1,211,000 loan amount, the SBA guaranteed $908,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Getting a Small Business Loan

SBA 7A Banks for Santa Barbara, California Loans

SBA California Banks