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May 19, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Windham, Business Loans > Maine Bank & Trust Company Windham Business Loans > Beauty Salons Loan | ||||
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Advice for Small Business Owners On Getting a Loan
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Beauty Salons Commercial LoansLooking for commercial loans for beauty salons? Try the SBA. This $12,000 beauty salons loan was issued by a Maine bank. Getting a small business loan in Windham, Maine was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Maine Bank & Trust Company, operating out of Windham, Maine. Here are the details on this Maine small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender MAINE BANK & TRUST COMPANY This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 2/16/2005 Loan Approval Gross Amount $12,000 Loan Approval from the SBA Of the total $12,000 loan amount, the SBA guaranteed $10,200. 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. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $12,000. How would you spend $12,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Determining Proper Capital Structure for a Business SBA 7A Lenders in Windham, Maine
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