Beauty

Salons

Small Business Owner Resource

SBA 7(a) lending intel on SBAmatch is designed to help Small Business Owners avoid the mistake of applying with the wrong lender. Every lender is different, and matching to the right one with the highest probability of approving an SBA loan will save countless headaches.

Below is the most recent lending data for the Beauty Salons industry.

2021 Loans:

Lenders: 233
Approvals: 562
Amounts: $141M
Average: $251,324

2022 Loans:

Lenders: 222
Approvals: 731
Amounts: $154M
Average: $211,276

All-Time Loans:

Lenders: 1,590
Approvals: 21,491
Amounts: $2.7B
Average: $125,198

Beauty Salons Industry Lending Data For All SBA 7(a) Loans:

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Beauty Salons Industry SBA Lending Data for 2022

Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.

Beauty Salons Industry Lending Data For Franchise SBA 7(a) Loans Only:

Beauty Salons Industry Franchise SBA Lending Data for 2022

Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.

60%

of all SBA Lenders of all time have never approved an SBA loan over $1 Million.

We can find the right one for you; for free. LEARN MORE.

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Resources:

NAICS INDUSTRY
Our SBA 7a lending information is based on Beauty Salons NACIS code 812112.

Beauty Salons - The NAICS website describes this industry as:

This U.S. industry comprises establishments (except those known as barber shops or men's hair stylist shops) primarily engaged in one or more of the following: (1) cutting, trimming, shampooing, coloring, waving, or styling hair; (2) providing facials; and (3) applying makeup (except permanent makeup).

Illustrative Examples:

Beauty parlors or shops
Facial salons or shops
Combined beauty and barber shops
Hairdressing salons or shops
Cosmetology salons or shops
Unisex or women's hair stylist shops

Barber Shops - The NAICS website describes this industry as:

This U.S. industry comprises establishments known as barber shops or men's hair stylist shops primarily engaged in cutting, trimming, and styling men's and boys' hair; and/or shaving and trimming men's beards.