How much do SBA lenders typically lend to a beauty salons business?

The median SBA approval in NAICS 812112 is $85,000, with the middle 80% of loans between $15,000 and $427,300. Across all industries the median is $180,000.

Which lenders are most active in beauty salons?

By dollars approved: The Huntington National Bank, Wells Fargo Bank, Simmons Bank, Live Oak Banking Company, U.S. Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is beauty salons considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.4% were charged off, versus 7.6% across all SBA lending. That is close to average.

NAICS 812112 · Other Services

SBA loans for beauty salons

14,068 SBA loans worth $2.60B have been approved in this industry since FY2010 - the #14 most-financed NAICS code in the country.

Median loan

$85,000

-53% vs all industries

Typical range

$15K-$427K

Middle 80%

Median rate

7.25%

7(a) initial note rate

Median term

10 yr

Charge-off rate

8.4%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
The Huntington National Bank	1,117	$136.0M
Wells Fargo Bank	811	$122.7M
Simmons Bank	376	$91.2M
Live Oak Banking Company	65	$70.7M
U.S. Bank	707	$65.1M
Stearns Bank	305	$61.4M
Newtek Bank	221	$51.2M
JPMorgan Chase Bank	546	$48.9M
Newtek Small Business Finance, Inc.	127	$41.6M
Manufacturers and Traders Trust Company	551	$39.5M

Geography

Where these loans were made

State	Loans	Share
California	1,235
Texas	1,186
New York	999
Florida	793
Massachusetts	745
Ohio	724
Illinois	549
Pennsylvania	511

Approvals by fiscal year

’10

’11

’12

’13

’14

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’16

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’18

’19

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
34%
$50K - $150K
29%
$150K - $350K
23%
$350K - $1M
12%
$1M - $2M
2%
Over $2M
1%

Nearby

Other other services industries

See the sector

General Automotive Repair16,083 · $190,000 Other Personal Care Services7,830 · $175,000 All Other Personal Services7,488 · $144,000 Pet Care (except Veterinary) Services6,530 · $195,850 Car Washes5,876 · $773,000 Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000 Drycleaning and Laundry Services3,976 · $200,000 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance3,531 · $150,000

Common questions

How much do SBA lenders typically lend to a beauty salons business?: The median SBA approval in NAICS 812112 is $85,000, with the middle 80% of loans between $15,000 and $427,300. Across all industries the median is $180,000.
Which lenders are most active in beauty salons?: By dollars approved: The Huntington National Bank, Wells Fargo Bank, Simmons Bank, Live Oak Banking Company, U.S. Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is beauty salons considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 8.4% were charged off, versus 7.6% across all SBA lending. That is close to average.

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