Beauty Salons Loans
Looking for loans for beauty salons? Talk to a banker who works with the SBA. This $86,900 beauty salons loan was issued by a Kansas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wichita, Kansas was able to borrow $86,900 from Community Bank Of Wichita, Inc. The SBA made the loan possible by guaranteeing $43,450 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: BEAUTY SALONS
WICHITA, KS 67206
SBA Loan Lender
COMMUNITY BANK OF WICHITA, INC
11330 E 21ST
WICHITA, KS 67206
The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
8/1/2007
Loan Approval Gross Amount
$86,900
Loan Approval from the SBA
Of the total $86,900 loan amount, the SBA guaranteed $43,450.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Getting an SBA Loan For Your Business
Remember, 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.
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:
Equity Financing
SBA Participating Banks in Wichita, Kansas
SBA Kansas Banks