SBA Loans for Salons & Spas
Salons & Spas received $2.9B in SBA 7(a) loans across 11,204 approved loans from FY2021 through FY2026, with The Huntington National Bank leading at 1,727 deals. The sector's charge-off rate over this period is 2.1%.
Get matched with a lender →$2.9B
Total approved volume
11,204
Approved loans
$262K
Average loan size
2.1%
Charge-off rate
Most active SBA lenders for salons & spas
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 1,727 | $342.8M | $198K |
| 2 | U.S. Bank, National Association | 755 | $53.8M | $71K |
| 3 | TD Bank, National Association | 602 | $27.9M | $46K |
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.
Top SBA states for salons & spas
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