SBA lending record
World Class Barbers, Inc
10320 Mallard Creek Road, Charlotte, NC 28262 · Barber Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$124K
Total SBA financing
2
Loans on record
FY2023–24
On record
27
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is World Class Barbers, Inc your business?
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All 2 loans
$50,000 — FY2024
Loan 1 of 2- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 15% v
- Term
- 108 mo (9 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/21/2023
- First disbursement
- 12/21/2023
- Days to fund
- 0 days
- Collateral
- None
- Sold on secondary market
- Yes
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Barber Shops
- NAICS code
- 812111
- Lender
- Readycap Lending, LLC
- Address
- 10320 Mallard Creek Road
- City
- Charlotte, 28262
- County
- Mecklenburg
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
$73,600 — FY2023
Loan 2 of 2- Gross approval
- $73,600
- SBA guaranteed
- $62,560 (85%)
- Status
- Cancelled
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/30/2023
- Collateral
- Required
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Barber Shops
- NAICS code
- 812111
- Lender
- Northeast Bank
- Address
- 10320 Mallard Creek Road
- City
- Charlotte, 28262
- County
- Mecklenburg
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
The lenders
Find SBA lenders for businesses like this
The banks most active funding barber shops — by location, industry.
Similar businesses
Comparable barber shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
DARGENT CORPORATION
Mooresville, NC· ~18 mi
Diesel Barbershop
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Diesel Barbershop
Mooresville, NC· ~18 mi
Diesel Barbershop
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
MAD TALENT ONE LLC
Mooresville, NC· ~18 mi
Barber Shops
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
HZK LLC
Charlotte, NC· ~2 mi
Barber Shops
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
APPLEDALE KIDS CUTS, LLC
Fort Mill, SC· ~23 mi
Sharkey's Cuts for Kids
- $260K
- SBA financing
- ≈ $510K–$850K
- Est. revenue (rough)
CLASSIC KUTZ BARBER & STYLING LLC
Charlotte, NC· ~7 mi
Barber Shops
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for World Class Barbers, Inc in Charlotte, NC (Barber Shops). 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 $124K
- On record FY2023–24
- 27 jobs supported
- Industry: Barber Shops
- Location: Charlotte, NC
- Lenders: Northeast Bank, Readycap Lending, LLC
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Barber Shops businesses in NC for ~$62k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-21.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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 World Class Barbers, Inc.