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FRANCHISE BRAND· Cosmetology and Barber Schools

SBA loans for The Salon Professional Academy

4 SBA loans have financed The Salon Professional Academy locations since 2021, written by 3 different lenders across 2 states. Half were approved for $575K or less, the mix is a mix of 7(a) and 504, and 50% went to owners whose business was under two years old.

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SBA loans
4
4 in last 5 yrs
Median approval
$575K
90th pct $813K
Total approved
$2.1M
all years
To new owners
50%
2 loans
Lenders
3
2 states

The lenders that fund The Salon Professional Academy

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Sterling Heights, MI
The Salon Professional Academy loans
2
In last 5 yrs
2
Typical loan
$450K
To new owners
0%
Last approval
Jul 2022
2
Timberville, VA
The Salon Professional Academy loans
1
In last 5 yrs
1
Typical loan
$400K
To new owners
100%
Last approval
Jul 2023
3
Chesapeake, VA
The Salon Professional Academy loans
1
In last 5 yrs
1
Typical loan
$840K
To new owners
100%
Last approval
Jan 2023