Where to Get Capital for Nail Salons
With these small business loans for nail salons, the SBA guarantees the lender that the loan will be repaid. This nail salons loan for $50,000 was given to a Texas entrepreneur in 2007.
Mcqueen Pursch, LLC received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Randolph-Brooks Fcu, out of Universal City, Texas. The loan was granted and they received $50,000 to help grow their Austin, Texas business.
SBA Loan Borrower
McQueen Pursch, LLC
4119 Travis Country Circle
AUSTIN, TX 78735
SBA Loan Lender
RANDOLPH-BROOKS FCU
HARMON DR RANDOLPH AFB, BLDG
UNIVERSAL CITY, TX 78148
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
5/8/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower, Mcqueen Pursch, LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If Mcqueen Pursch, LLC can get an SBA loan, there's no reason you can't get an SBA loan too. The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Role of Business Plan When Raising Money
Best Banks in Universal City, Texas
SBA Texas Lenders
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.