SBA lending record

Versatile Styles and Cuts

2018 24TH AVE, Meridian, MS 39301 · Beauty Salons. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$70K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$70,000 — FY2021

Gross approval: $70,000
SBA guaranteed: $59,500 (85%)
Status: Current
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/7/2020
First disbursement: 10/31/2020
Days to fund: 24 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Individual
Business age: Existing or more than 2 years old
Industry: Beauty Salons
NAICS code: 812112
Lender: Newtek Small Business Finance, Inc.
Address: 2018 24TH AVE
City: Meridian, 39301
County: Lauderdale
SBA district office: MISSISSIPPI DISTRICT OFFICE
Congressional district: 3

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

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

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

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.

Salon Clutch Couture LLC

Hattiesburg, MS· ~84 mi

Beauty Salons

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

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Gogo In Style LLC

Ridgeland, MS· ~83 mi

Beauty Salons

$68K
SBA financing: ≈ $132K–$221K
Est. revenue (rough)

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Premier Day Spa & Salon, LLC

Foley, AL· ~149 mi

Beauty Salons

$65K
SBA financing: ≈ $127K–$212K
Est. revenue (rough)

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Salon 1822 LLC

New Roads, LA· ~199 mi

Beauty Salons

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

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Glam Shak LLC

Atmore, AL· ~117 mi

Beauty Salons

$68K
SBA financing: ≈ $132K–$221K
Est. revenue (rough)

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Alluring Beauty Studio

Gonzales, LA· ~198 mi

Beauty Salons

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

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Agent summary

This page summarizes the public SBA 7(a) lending record for Versatile Styles and Cuts in Meridian, MS (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 $70K
On record FY2021
1 jobs supported
Industry: Beauty Salons
Location: Meridian, MS
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Beauty Salons businesses in MS for ~$70k 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/versatile-styles-and-cuts-ms
API:: https://www.capbench.com/api/public/businesses/versatile-styles-and-cuts-ms
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 Versatile Styles and Cuts.