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August 16, 2022  
 
 
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Business Loans for Albuquerque Small Business Owners

 

 
Loan Census SBA Loan Info

Beauty Salons Business Loans

Looking for business loans for beauty salons? Talk to a banker who works with the SBA. This $270,000 beauty salons loan was issued by an Arizona bank.

Getting a small business loan in Albuquerque, New Mexico was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Arizona, operating out of Phoenix, Arizona. Here are the details on this New Mexico small business loan.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
ALBUQUERQUE, NM 87112

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
12221 N TATUM BLVD
PHOENIX, AZ 85032

This SBA loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

6/28/2004

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This SBA loan was for $270,000. How would you spend $270,000 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.

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