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May 15, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Syracuse, Business Loans > Hsbc Bank Usa Syracuse Business Loans > Beauty Salons Loan | ||||
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Webster, New York Bank Loan
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Raising Money for Beauty SalonsLooking for business loans for beauty salons? The SBA may be the answer. This $219,000 beauty salons loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Webster, New York was able to borrow $219,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $164,250 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender HSBC BANK USA This lender provides SBA guaranteed bank loans 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 8/25/2005 Loan Approval Gross Amount $219,000 Loan Approval from the SBA Of the total $219,000 loan amount, the SBA guaranteed $164,250. 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. The loan application indicated that the loan would help generate 8 new jobs and retain 9 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Advice on Getting a Small Business Loan Small Business Banks in Syracuse, New York
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