What is the SBA loan default rate for Beauty Salons?

At 17.8%, Beauty Salons sits above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), above average default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 1626 lenders actively fund this industry.

Which SBA program is best for Beauty Salons?

The SBA 7(a) program is the most commonly used for Beauty Salons businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 812112Other ServicesLending Growing

How Much Can Beauty Salons Businesses Get in SBA Loans?

Name: Beauty Salons SBA Loan Performance Data (NAICS 812112)
Creator: PeerSense
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25,737 SBA loans totaling $3.6B have been approved for beauty salons businesses (NAICS 812112). The average approved SBA loan is $141K, which is 58% below avg the $340K national average. 1626 active lenders fund this industry with a 17.8% default rate on the matured 2018-2021 loan cohort.

Above average default risk17.8% vs 15.4% all industry avg

At 17.8%, Beauty Salons sits above the 15.4% all industry SBA default rate (charged off as a share of resolved loans), above average default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 812112 (Beauty Salons) received 25,737 SBA loans worth $3.6B across 5+ states. Average loan $141K, average term 111 months, 17.8% default rate (resolved loan basis).1626 active SBA approved lenders fund this industry. Most beauty salons loans use the SBA 7(a) program. There are approximately 82,964 U.S. establishments in this industry (Census 2022).

25,737

Total SBA Loans

$3.6B

Total Volume

$141K

Avg Loan Size

58% below avg

1,626

Active Lenders

111 mo

Avg Term

15% below avg

237,510

Jobs Supported

Is SBA Lending Growing for Beauty Salons?+39% growth

956

987

901

817

597

612

731

893

1,154

1,243

$143.4M

$155.1M

$160.2M

$190.0M

$151.2M

$153.7M

$164.4M

$199.5M

$234.4M

$237.9M

Which SBA Program Do Beauty Salons Businesses Use Most?

SBA 7(a)24,456 (95%)

SBA 5041,281 (5%)

What Is the Best SBA Loan for Beauty Salons?

SBA 7(a)

The most widely used SBA program for beauty salons businesses: flexible terms, multiple use cases

Industry avg loan: $141K

Typical term: 111 months

Historical avg rate: 7.76%

1626+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 17.8%

Where Are Beauty Salons SBA Loans Most Common?

2,415 loans

$430.7M

2,044 loans

$370.3M

1,982 loans

$207.6M

1,299 loans

$228.8M

1,292 loans

$141.0M

SBA Lending Activity in Beauty Salons

1,626 SBA lenders have funded 25,737 loans to beauty salons businesses (NAICS 812112). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

25,737

Active lenders

1,626

Total volume

$3.6B

Avg loan size

$141K

Browse all SBA lenders

Beauty Salons Industry Context

U.S. Establishments

82,964

U.S. Census Bureau · 2022

U.S. Employment

6,039,000

BLS · 2026

SBA Penetration

31.02%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for beauty salons businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Beauty Salons business.

Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Beauty Salons Businesses?

Across all SBA loan programs, 25,737 loans have been approved for businesses classified under NAICS 812112 (Beauty Salons), representing $3.6B in total capital deployed. The average approved loan of $141K is 58% below avg the national SBA average of $340K, with typical repayment terms of 111 months.

SBA lending for beauty salons is accelerating. Loan volume has grown approximately 39% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The overwhelming majority of SBA lending for beauty salons uses the 7(a) program, which provides the most flexibility, covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

Talk to PeerSense about a beauty salons file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Beauty Salons SBA Loans

What is the average SBA loan size for beauty salons businesses?

Based on 25,737 approved SBA loans, the average loan size for beauty salons (NAICS 812112) is $141K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a beauty salons business?

SBA 7(a) is the most commonly used SBA program for beauty salons businesses. The most widely used SBA program for beauty salons businesses: flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for beauty salons?

1626 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a beauty salons file.

What states have the most SBA lending for beauty salons?

CA leads with 2,415 SBA loans and $430.7M in total volume for beauty salons businesses. TX, NY, FL also show strong lending activity in this sector.

How does PeerSense help beauty salons businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a beauty salons file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Other Services Industries

General Automotive Repair

34,967 loans · N/A

Avg: $257K

Drycleaning and Laundry Services (except Coin-Operated)

14,554 loans · N/A

Avg: $251K

Automotive Body, Paint, and Interior Repair and Maintenance

Car Washes

All Other Personal Services

12,450 loans · N/A

Avg: $238K

Other Personal Care Services

11,061 loans · N/A

Avg: $255K

Data aggregated from SBA loan records (1992 to 2025). Beauty Salons defined by NAICS code 812112. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.