Financing for Beauty Salons
Looking for loans for beauty salons? An SBA loan may be just what you've been looking for. This $45,800 beauty salons loan was issued by a Nebraska bank.
Getting a small business loan in Stanton, Nebraska was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bankfirst, operating out of Norfolk, Nebraska. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
STANTON, NE 68701
SBA Loan Lender
BANKFIRST
100 N 13TH ST
NORFOLK, NE 68701
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812112 - Beauty Salons
Loan Approval Date
7/25/2005
Loan Approval Gross Amount
$45,800
Loan Approval from the SBA
Of the total $45,800 loan amount, the SBA guaranteed $38,930.
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 5 employees. The SBA loan application for the borrower indicated that the funding would help create 5 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bankfirst are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
The Art of Bootstrapping
Who Lends Money to Small Businesses in Norfolk, Nebraska
SBA Nebraska Banks