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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Granbury, Business Loans > Community Bank Granbury Business Loans > Beauty Salons Loan | ||||
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I Need a Small Business Loan in Arlington, Texas
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Beauty Salons Bank LoansWith these bank loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $77,500 was given to a Texas entrepreneur in 2002. This small firm knew how to go about getting a business bank loan. Based in Arlington, Texas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Community Bank, based in Granbury, Texas. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender COMMUNITY BANK This lender provides SBA loan for small businesses 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 10/2/2002 Loan Approval Gross Amount $77,500 Loan Approval from the SBA Of the total $77,500 loan amount, the SBA guaranteed $65,875. 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 only one employee. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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