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May 2, 2024  
 
 
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Loan Census SBA Loan Info

Beauty Salons Loans

Looking for loans for beauty salons? Talk to a banker who works with the SBA. This $39,400 beauty salons loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with California Bank & Trust, out of Sacramento, California. The loan was granted and they received $39,400 to help grow their San Carlos, California business.

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
SAN CARLOS, CA 94070

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

812112 - Beauty Salons

Loan Approval Date

5/7/2002

Loan Approval Gross Amount

$39,400

Loan Approval from the SBA

Of the total $39,400 loan amount, the SBA guaranteed $19,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

The Friends and Family Network

Small Bank Loans in Sacramento, California

California SBA 7A Lenders