BlogRankingIndustryBest Nail Salons SBA Lenders of 2026

Best Nail Salons SBA Lenders of 2026

February 2, 2026
Industry, Ranking
5 min read

Best Nail Salons SBA Lenders of 2026

$90.5M
Total Funded

394
Loans Approved

$230K
Avg Loan Size

10.52%
Avg Interest Rate

73
Active Lenders

SBA Loans for Nail Salons Businesses

The Nail Salons industry received $90.5M in SBA 7(a) loans across 394 businesses in 2025. With 73 lenders actively funding this industry, finding the right bank can make a significant difference in your rates and approval odds.

Working with an experienced SBA loan broker who understands the Nail Salons industry can help you access lenders that specialize in your business type.

💡 Key Insight: The average SBA loan for Nail Salons businesses is $230K with an average rate of 10.52%. Lenders who specialize in this industry often offer better terms and faster approvals.

SBA Loans by Business Type

Here’s how SBA 7(a) loans break down for Nail Salons businesses by business stage:

🚀 Startups
26%
$24.5M • 101 loans

🏢 Existing Businesses
70%
$55.8M • 277 loans

🔄 Business Acquisitions
4%
$10.3M • 16 loans

Top 50 SBA Lenders for Nail Salons (2025)

These are the banks that funded the most SBA 7(a) loan volume to Nail Salons businesses, ranked by total volume:

Rank Lender Volume Loans Avg Rate
1 Newtek Bank, National Association $6.1M 31 10.98%
2 Northeast Bank $5.7M 43 10.94%
3 Readycap Lending, LLC $5.4M 25 12.14%
4 Harvest Small Business Finance, LLC $3.6M 2 10.13%
5 Truliant FCU $3.5M 4 10.31%
6 U.S. Bank, National Association $3.4M 35 10.06%
7 Port 51 Lending LLC $3.0M 3 10.50%
8 Bank of Hope $2.9M 10 9.47%
9 Byline Bank $2.8M 3 10.25%
10 CenTrust Bank, A Division of SmartBiz Bank National Associat $2.7M 16 11.67%
11 The Huntington National Bank $2.7M 20 9.68%
12 Cadence Bank $2.6M 9 10.25%
13 VelocitySBA, LLC $2.4M 4 10.19%
14 Live Oak Banking Company $2.1M 4 8.56%
15 Wells Fargo Bank National Association $2.1M 10 10.13%
16 Citizens Bank $2.1M 3 10.25%
17 Bank of America, National Association $2.0M 7 8.42%
18 Stone Bank $1.8M 10 10.45%
19 22nd State Bank, A Division of 22nd State Banking Company $1.8M 2 10.13%
20 PNC Bank, National Association $1.8M 5 8.80%
21 Security National Bank of Omaha $1.5M 2 9.75%
22 First Savings Bank $1.5M 2 9.75%
23 BayFirst National Bank $1.4M 12 12.08%
24 Colony Bank $1.4M 9 10.64%
25 Georgia Banking Company $1.4M 1 10.00%
26 First Business Bank $1.3M 2 10.38%
27 City National Bank of Florida $1.1M 3 10.25%
28 Woori America Bank $1.1M 2 9.13%
29 KeyBank National Association $1.0M 3 10.79%
30 Gulf Coast Bank and Trust Company $871K 3 10.42%
31 New Millennium Bank $870K 3 8.83%
32 Touchmark National Bank $868K 1 9.00%
33 Truist Bank $829K 2 9.00%
34 FFB Bank $734K 2 10.50%
35 Manufacturers and Traders Trust Company $730K 12 10.67%
36 TD Bank, National Association $718K 18 10.48%
37 Celtic Bank Corporation $706K 5 10.40%
38 Emprise Bank $671K 2 7.50%
39 Encore Bank $662K 1 10.25%
40 First Bank of the Lake $636K 2 11.75%
41 East West Bank $611K 2 9.00%
42 Royal Business Bank $600K 2 9.50%
43 Grasshopper Bank National Association $586K 2 11.00%
44 Lendistry SBLC, LLC $575K 5 12.40%
45 First Internet Bank of Indiana $552K 1 10.25%
46 First United Bank and Trust Company $549K 1 9.25%
47 Accion Opportunity Fund Community Development $526K 3 10.67%
48 German American Bank $475K 3 8.50%
49 FNBC Bank $465K 1 9.50%
50 Wilmington Savings Fund Society FSB $452K 1 9.50%

🚀 Best Lenders for Nail Salons Startups

Starting a new nail salons business? These lenders funded the most startup loans in this industry:

Rank Lender Startup Volume Loans Avg Rate
1 Byline Bank $2.3M 2 10.25%
2 Harvest Small Business Finance, LLC $2.2M 1 10.50%
3 U.S. Bank, National Association $1.7M 8 9.18%
4 Georgia Banking Company $1.4M 1 10.00%
5 The Huntington National Bank $1.3M 7 9.82%
6 Wells Fargo Bank National Association $1.2M 7 11.13%
7 Northeast Bank $1.2M 12 10.67%
8 22nd State Bank, A Division of 22nd State Banking Company $1.1M 1 10.00%
9 Truliant FCU $867K 1 10.50%
10 Newtek Bank, National Association $705K 5 11.20%

🔄 Best Lenders for Nail Salons Acquisitions

Looking to buy an existing nail salons business? These lenders specialize in acquisition financing:

Rank Lender Acquisition Volume Loans Avg Rate
1 Truliant FCU $1.3M 1 10.00%
2 Readycap Lending, LLC $1.3M 1 9.00%
3 First Savings Bank $1.1M 1 9.75%
4 Citizens Bank $881K 1 10.50%
5 Security National Bank of Omaha $845K 1 9.50%
6 VelocitySBA, LLC $816K 1 10.00%
7 FFB Bank $684K 1 9.50%
8 22nd State Bank, A Division of 22nd State Banking Company $654K 1 10.25%
9 First Internet Bank of Indiana $552K 1 10.25%
10 Byline Bank $545K 1 10.25%

🏢 Best Lenders for Existing Nail Salons Businesses

Already running an established nail salons business? These lenders have funded the most loans to existing businesses in your industry:

Rank Lender Volume Loans Avg Rate
1 Newtek Bank, National Association $5.2M 25 10.95%
2 Northeast Bank $4.5M 31 11.05%
3 Readycap Lending, LLC $4.1M 24 12.27%
4 Port 51 Lending LLC $3.0M 3 10.50%
5 CenTrust Bank, A Division of SmartBiz Bank National Associat $2.6M 15 11.65%
6 Cadence Bank $2.6M 9 10.25%
7 Bank of Hope $2.5M 8 9.53%
8 Live Oak Banking Company $2.1M 4 8.56%
9 U.S. Bank, National Association $1.7M 27 10.32%
10 PNC Bank, National Association $1.7M 3 7.20%

Top States for Nail Salons SBA Loans

Here are the states with the highest SBA lending volume for Nail Salons businesses:

Rank State Volume Loans
1 Texas $14.7M 35
2 California $9.2M 38
3 Georgia $6.1M 23
4 Florida $5.7M 28
5 New Jersey $5.5M 23
6 Massachusetts $5.0M 25
7 Arizona $3.9M 7
8 New York $3.6M 23
9 Virginia $3.4M 15
10 Illinois $3.1M 11
11 Missouri $2.7M 9
12 Maryland $2.0M 13
13 North Carolina $1.9M 7
14 Ohio $1.8M 16
15 Oregon $1.5M 6
16 District of Columbia $1.5M 3
17 Louisiana $1.5M 5
18 Washington $1.4M 9
19 Pennsylvania $1.4M 11
20 Wisconsin $1.3M 6
21 Colorado $1.3M 7
22 South Carolina $1.2M 7
23 Arkansas $1.1M 2
24 Minnesota $1.0M 6
25 Connecticut $1.0M 8
26 Indiana $825K 6
27 Utah $825K 3
28 Michigan $823K 5
29 Kansas $711K 2
30 Nevada $700K 4
31 Idaho $680K 4
32 Kentucky $665K 4
33 Montana $582K 2
34 Iowa $396K 3
35 New Hampshire $353K 4
36 Tennessee $265K 2
37 Nebraska $187K 2
38 Delaware $165K 4
39 New Mexico $150K 1
40 North Dakota $150K 1
41 Alabama $95K 1
42 South Dakota $65K 1
43 Oklahoma $52K 2

Top Cities for Nail Salons SBA Loans

Waco, Tx

$2.2M
Volume

1
Loans

Atlanta, Ga

$2.0M
Volume

4
Loans

Lees Summit, Mo

$1.8M
Volume

2
Loans

Beverly Hills, Fl

$1.6M
Volume

1
Loans

Rowlett, Tx

$1.6M
Volume

1
Loans

Arlington, Tx

$1.6M
Volume

2
Loans

Scottsdale, Az

$1.5M
Volume

2
Loans

Washington, Dc

$1.5M
Volume

3
Loans

Citrus Heights, Ca

$1.4M
Volume

1
Loans

Perth Amboy, Nj

$1.3M
Volume

1
Loans

Rancho Cucamonga, Ca

$1.1M
Volume

1
Loans

Mesquite, Tx

$1.1M
Volume

3
Loans

Columbus, Oh

$1.1M
Volume

8
Loans

Saint James, Ny

$1.1M
Volume

2
Loans

Springfield, Or

$1.1M
Volume

2
Loans

Howell, Nj

$1.1M
Volume

1
Loans

🤝 Why Use an SBA Broker for Nail Salons Loans?

GoSBA Loans has extensive experience financing Nail Salons businesses:

  • Industry expertise — we know which lenders specialize in Nail Salons
  • Access to 73+ lenders — including banks that don’t accept direct applications
  • Better rates — our relationships help secure competitive terms
  • Faster approvals — proper preparation leads to quicker decisions
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your Nail Salons SBA Loan

Our team specializes in SBA financing for Nail Salons businesses. Let us match you with the right lender for your specific needs.

Need SBA financing for your Nail Salons business? GoSBA Loans specializes in SBA loans for Nail Salons businesses. Contact our industry specialists today for a free consultation.

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http://gosbaloans.com

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.

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