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Lender ExplorerSalons & Spas

SBA Loans for Salons & Spas

Salons & Spas received $2.8B in SBA 7(a) loans across 10,697 approved loans from FY2021 through FY2026, with The Huntington National Bank leading at 1,697 deals. The sector's charge-off rate over this period is 1.7%.

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$2.8B
Total approved volume
10,697
Approved loans
$261K
Average loan size
1.7%
Charge-off rate

Most active SBA lenders for salons & spas

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank1,697$334.1M$197K
2U.S. Bank, National Association710$50.9M$72K
3TD Bank, National Association584$27.3M$47K

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, NAICS 8121*. Charge-off rate = SBA-charged-off loans divided by funded loans. Rankings are by total loan count.

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