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May 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > New Richmond, Business Loans > Anchorbank, Fsb New Richmond Business Loans > Nail Salons Loan | ||||
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Business Loans for St. George Small Businesses
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Nail Salons Commercial LoansWith these commercial loans for nail salons, the SBA guarantees the lender that the loan will be repaid. This nail salons loan for $97,000 was given to an Utah entrepreneur in 2006. This small business knew how to go about getting a business bank loan. Based in St. George, Utah, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Anchorbank, Fsb, based in New Richmond, Wisconsin. SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender ANCHORBANK, FSB The lender provided this SBA business 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 812113 - Nail Salons Loan Approval Date 8/1/2006 Loan Approval Gross Amount $97,000 Loan Approval from the SBA Of the total $97,000 loan amount, the SBA guaranteed $48,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $97,000. How would you spend $97,000 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks for New Richmond, Wisconsin Loans
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