SBA lending record

SHEAR AFFECTS LLC

103 Farabee Dr N, Lafayette, IN 47905 · Beauty Salons. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$81K

Total SBA financing

Loans on record

FY2021

On record

Jobs supported

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

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All 2 loans

$40,500 — FY2021

Loan 1 of 2

Gross approval: $40,500
SBA guaranteed: $30,375 (75%)
Status: Cancelled
Rate at approval: 4.45% v
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/7/2021
Collateral: Required
Jobs supported: 9
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Beauty Salons
NAICS code: 812112
Lender: Centier Bank
Address: 103 Farabee Dr N
City: Lafayette, 47905
County: Tippecanoe
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 4

$40,500 — FY2021

Loan 2 of 2

Gross approval: $40,500
SBA guaranteed: $36,450 (90%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 60 mo (5 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/15/2021
First disbursement: 4/30/2021
Days to fund: 15 days
Paid in full: 9/30/2025
Collateral: Required
Jobs supported: 9
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Beauty Salons
NAICS code: 812112
Lender: Centier Bank
Address: 103 FARABEE DR
City: Lafayette, 47905
County: Tippecanoe
SBA district office: INDIANA DISTRICT OFFICE
Congressional district: 4

The lender

Centier Bank

2 loans 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 Indiana Lenders for beauty salons Beauty Salons lenders in Indiana

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.

HAIR BY KYLE T, LLC

Lafayette, IN· ~1 mi

Beauty Salons

$44K
SBA financing: ≈ $86K–$143K
Est. revenue (rough)

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J Noelle & Co. LLC

West Lafayette, IN· ~5 mi

Beauty Salons

$108K
SBA financing: ≈ $212K–$353K
Est. revenue (rough)

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L Marie Studio LLC

Indianapolis, IN· ~52 mi

Beauty Salons

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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Grateful Head Salon, Inc

Danville, IL· ~46 mi

Beauty Salons

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

View record

Serendipity Unlimited LLC

Pendleton, IN· ~66 mi

Beauty Salons

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

View record

Lash & Esthetic Studio, Inc.

Noblesville, IN· ~51 mi

Beauty Salons

$115K
SBA financing: ≈ $225K–$376K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for SHEAR AFFECTS LLC in Lafayette, IN (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.

2 SBA 7(a) loans totaling $81K
On record FY2021
18 jobs supported
Industry: Beauty Salons
Location: Lafayette, IN
Lender: Centier Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Beauty Salons businesses in IN for ~$41k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/shear-affects-llc-in
API:: https://www.capbench.com/api/public/businesses/shear-affects-llc-in
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 SHEAR AFFECTS LLC.