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May 18, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Hartland, Business Loans > Town Bank Hartland Business Loans > Beauty Shops Loan | ||||
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Town Bank SBA Loans
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Small Business Loans for Beauty SalonsWith these small business loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $235,175 was given to a Wisconsin entrepreneur in 2003. This company knew how to go about getting a business bank loan. Based in Pewaukee, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Town Bank, based in Hartland, Wisconsin. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender TOWN BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. 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 10/7/2003 Loan Approval Gross Amount $235,175 Loan Approval from the SBA Of the total $235,175 loan amount, the SBA guaranteed $176,381. 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. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - Getting Venture Capital Small Bank Loans in Hartland, Wisconsin
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