How to Get a Loan for Beauty Salons

Looking for business loans for beauty salons? The SBA may be the answer. This $50,000 beauty salons loan was issued by a Kansas bank.

Getting a small business loan in Wichita, Kansas was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank - Kansas, operating out of Kingman, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
WICHITA, KS 67214

SBA Loan Lender

CITIZENS BANK - KANSAS
300 N MAIN ST
KINGMAN, KS 67068

This small business 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

11/20/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Wichita or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Financing Your Business

SBA 7A Banks in Kingman, Kansas

SBA Kansas Banks