Beauty & Personal Care · lender intelligence

How to finance a Great Clips in Indiana

State:

The SBA 7(a) lenders funding the most Great Clips deals in Indiana, from public loan records — typical Great Clips loan about $300K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Great Clips in Indiana

$2.63M

Typical loan

range $938K–$3.14M

$2.92M

Est. purchase price

≈ loan ÷ 90%

$402,524

Cash to close

$291,778 down + fees

$33,980/mo

Typical payment

~9.5% · 10yr

$468,924/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

28 days

Typical time to fund

Lenders competing

more = leverage

8.55%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Great Clips in Indiana

Ranked by funded Great Clips loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.

1.28 loans · $42M · Lehi, UTFull record →
2.1 loans · $0M · Carmi, ILFull record →

3+ funded Great Clips in Indiana deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Chalexbee Cuts, LLC in Evansville, IN — $3.1M (2024) · The First National Bank of Carmi
Program
7a General
Rate at approval
8.65% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.4M (75%)
Approval → funding
28 days
Approved
5/31/2024
First disbursed
6/28/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
70
Business age
New Business or 2 years or less
Industry
Beauty Salons
Funded by The First National Bank of Carmi · Lender record →
Your business? Claim this record · Request removal
Sonrise Clippers Too, LLC in Elkhart, IN — $2.6M (2023) · purchase · LendingClub Bank, National Association
Program
7a General
Rate at approval
8.5% variable
Term
119 months
SBA guaranteed
$2.0M (75%)
Approval → funding
57 days
Approved
11/30/2022
First disbursed
1/26/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
24
Business age
Change of Ownership
Industry
Beauty Salons
If you were the buyer here
Est. deal size
$2.9M
Est. down payment (10%)
$292K
Est. cash at closing
$403K
Monthly payment
$32,733
Annual debt service
$393K
Cash flow needed (1.25×)
$491K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by LendingClub Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Blown Away by U LLC in Brownsburg, IN — $938K (2023) · purchase · LendingClub Bank, National Association
Program
7a General
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$704K (75%)
Approval → funding
19 days
Approved
11/16/2022
First disbursed
12/5/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Change of Ownership
Industry
Beauty Salons
If you were the buyer here
Est. deal size
$1.0M
Est. down payment (10%)
$104K
Est. cash at closing
$143K
Monthly payment
$11,630
Annual debt service
$140K
Cash flow needed (1.25×)
$174K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by LendingClub Bank, National Association · Lender record →
Your business? Claim this record · Request removal

Buying a Great Clips in Indiana? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Great Clips loans with a Indiana project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Great Clips purchase in Indiana with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Indiana deals. LendingClub Bank, National Association funds the most here. CapBench is not a lender.

$300K typical Great Clips loan
2 lenders active in Indiana
3+ funded Indiana deals
28 days typical to fund

Buyers buying a Great Clips in Indiana typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All Great Clips lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/great-clips/indiana
API:: https://www.capbench.com/api/public/lenders?franchise=great-clips&state=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.