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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Los Angeles, Business Loans > Hanmi Bank Los Angeles Business Loans > Cosmetics, Beauty Supplies, And Perfume Stores Loan | ||||
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Georgia Small Business Funding
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Cosmetics, Beauty Supplies, and Perfume Stores LoansLooking for loans for cosmetics, beauty supplies, and perfume stores? Talk to a banker who works with the SBA. This $472,500 cosmetics, beauty supplies, and perfume stores loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Hanmi Bank, out of Los Angeles, California. The loan was granted and they received $472,500 to help grow their Columbus, Georgia business. SBA Loan Borrower COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES SBA Loan Lender HANMI BANK 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 446120 - Cosmetics, Beauty Supplies, and Perfume Stores Loan Approval Date 1/31/2007 Loan Approval Gross Amount $472,500 Loan Approval from the SBA Of the total $472,500 loan amount, the SBA guaranteed $354,375. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 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. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Hanmi Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Banks for Small Business in Los Angeles, California Getting a Business Loan in California
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