Beauty & Personal Care · lender intelligence
How to finance a Great Clips in Minnesota
The SBA 7(a) lenders funding the most Great Clips deals in Minnesota, 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 Minnesota
$2.38M
Typical loan
range $250K–$2.38M
$2.64M
Est. purchase price
≈ loan ÷ 90%
$363,965
Cash to close
$264,000 down + fees
$30,745/mo
Typical payment
~9.5% · 10yr
$424,281/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
43 days
Typical time to fund
2
Lenders competing
more = leverage
5.74%
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 Minnesota
Ranked by funded Great Clips loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.3 loans · $4M · Mountain Lake, MNFull record →
2+ funded Great Clips in Minnesota 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.
- AJE Holdings LLC in Minneapolis, MN — $2.4M (2025) · U.S. Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6.99% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 43 days
- Approved
- 3/13/2025
- First disbursed
- 4/25/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- Beauty Salons
Funded by U.S. Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- J W Enterprises in Princeton, MN — $250K (2021) · purchase · United Prairie Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.49% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $225K (90%)
- Approval → funding
- 8 days
- Approved
- 2/25/2021
- First disbursed
- 3/5/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Beauty Salons
If you were the buyer here
- Est. deal size
- $278K
- Est. down payment (10%)
- $28K
- Est. cash at closing
- $37K
- Monthly payment
- $3,474
- Annual debt service
- $42K
- Cash flow needed (1.25×)
- $52K
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 United Prairie Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Great Clips in Minnesota? 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.
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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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Great Clips loans with a Minnesota project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Great Clips purchase in Minnesota with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Minnesota deals. United Prairie Bank funds the most here. CapBench is not a lender.
- $300K typical Great Clips loan
- 2 lenders active in Minnesota
- 2+ funded Minnesota deals
- 43 days typical to fund
Buyers buying a Great Clips in Minnesota 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-19.
- 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.