Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Holmes Beach, Florida Businesses

 

 
Loan Census SBA Loan Info

Financing for Beauty Salons

Looking for commercial loans for beauty salons? Talk to a banker who works with the SBA. This $92,363 beauty salons loan was issued by a Florida bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community Bank Of Manatee, out of Bradenton, Florida. The loan was granted and they received $92,363 to help grow their Holmes Beach, Florida business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SHOPS
HOLMES BEACH, FL 34217

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7231 - Beauty Shops

NAICS Code

812112 - Beauty Salons

Loan Approval Date

5/21/2002

Loan Approval Gross Amount

$92,363

Loan Approval from the SBA

Of the total $92,363 loan amount, the SBA guaranteed $78,508.

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 11 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $92,363. How would you spend $92,363 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:

Equity Financing

Best Bradenton, Florida Banks for Small Business

Where to Get an SBA Loan Florida