SBA lending record

Krome Salon & Spa

1508 JACKSBORO PIKE, La Follette, TN 37766 · Beauty Salons. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$30K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$30,000 — FY2020

Gross approval: $30,000
SBA guaranteed: $15,000 (50%)
Status: Current
Rate at approval: 4.25% f
Term: 84 mo (7 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/18/2020
First disbursement: 9/30/2020
Days to fund: 12 days
Collateral: Required
Jobs supported: 1
Business type: Individual
Business age: Existing or more than 2 years old
Industry: Beauty Salons
NAICS code: 812112
Lender: Community Trust Bank, Inc.
Address: 1508 JACKSBORO PIKE
City: La Follette, 37766
County: Campbell
SBA district office: TENNESSEE DISTRICT OFFICE
Congressional district: 2

The lender

Community Trust Bank, Inc.

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding beauty salons — by location, industry.

SBA lenders in Tennessee Lenders for beauty salons Beauty Salons lenders in Tennessee

Similar businesses

Comparable beauty salons in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Knox Beauty LLC

Barbourville, KY· ~34 mi

Beauty Salons

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

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Brandi's Nails

Elkhorn City, KY· ~114 mi

Beauty Salons

$26K
SBA financing: ≈ $51K–$85K
Est. revenue (rough)

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Studio 205, PLLC

Chattanooga, TN· ~116 mi

Beauty Salons

$35K
SBA financing: ≈ $69K–$114K
Est. revenue (rough)

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MISFITS HAIR SPA LLC

Clarksville, TN· ~182 mi

Beauty Salons

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

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YOUR SKIN BEAUTY BAR LIMITED LIABILITY

Louisville, KY· ~149 mi

Beauty Salons

$37K
SBA financing: ≈ $73K–$122K
Est. revenue (rough)

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XF Studio Salon LLC

Greenville, SC· ~145 mi

Beauty Salons

$30K
SBA financing: ≈ $59K–$98K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Krome Salon & Spa in La Follette, TN (Beauty Salons). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $30K
On record FY2020
1 jobs supported
Industry: Beauty Salons
Location: La Follette, TN
Lender: Community Trust Bank, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Beauty Salons businesses in TN for ~$30k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/krome-salon-spa-tn
API:: https://www.capbench.com/api/public/businesses/krome-salon-spa-tn
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Krome Salon & Spa.