BML Beauty LLC
BML Beauty LLC is located in Shawnee, OK, and the SBA lists its industry as Cosmetics, Beauty Supplies, and Perfume Retailers. It was approved for an SBA 7(a) loan of $644,400 for a change of ownership on May 8, 2025.
SBA 7(a) loan, change of ownership, approved May 8, 2025
- Gross approval
- $644,400
- SBA-guaranteed amount
- $483,300 (75% of the approval)
- Lender
- First United Bank and Trust Company, Durant, OK
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,338 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 456120, Cosmetics, Beauty Supplies, and Perfume Retailers
- Project location
- Pottawatomie County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Cosmetics, Beauty Supplies, and Perfume Retailers on this site.
- Average acquisition loan in Cosmetics, Beauty Supplies, and Perfume Retailers: $1,215,336.
- Average acquisition loan in Oklahoma: $1,861,759.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.