Aug 26, 2022

SBA 7(a) Loans for Beauty Salons

Right now, there are about 82,000 beauty salons in the U.S., generating approximately $20 billion in revenue each year. From 2006-2015, beauty salons across the country took out more than 9,000 SBA 7(a) loans , with a total loan amount of more than $1 billion, and an average loan size of around $11