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| Entrepreneur Resources | Capital One Mclean Business Loans | ||||
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Small Business Banks for Austin, Texas Small Business Owners
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Financing for Beauty SalonsWith these commercial loans for beauty salons, the SBA guarantees the lender that the loan will be repaid. This beauty salons loan for $25,000 was given to a Texas entrepreneur in 2004.
Getting a small business loan in Austin, Texas was important for Teresa B Arreguin Dba Scizzorz back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Capital One, operating out of Mclean, Virginia. Here are the details on this Texas small business loan. SBA Loan Borrower TERESA B ARREGUIN DBA SCIZZORZ SBA Loan Lender CAPITAL ONE This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 9/10/2004 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower, Teresa B Arreguin Dba Scizzorz, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source 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 to Teresa B Arreguin Dba Scizzorz 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 SBA loan database. Related Links: Determining Proper Capital Structure for a Business Best Banks for Small Business in Mclean, Virginia 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.
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