Main Street Registry

Ruiz Salon Hyde Park

Austin, TX · Beauty Salons · NAICS 812112

Ruiz Salon Hyde Park, located in Austin, Texas, is a beauty salon business in the Beauty Salons industry. The company financed real estate or equipment through an SBA 504 loan of $1,316,000, approved on October 30, 2024, with Horizon Bank SSB as the lending bank and Capital Certified Development Corporation as the certified development company.

SBA 504 loan, approved Oct 30, 2024

$1,316,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,316,000
Bank portion
$1,604,000
Estimated project size
$3,244,444 (estimated)
Estimated owner equity
$324,444 (estimated, about 10% of the project)
Bank lender
Horizon Bank SSB, Austin, TX
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 30, 2049 (estimated, approval date plus term)
First disbursement
Sep 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
812112, Beauty Salons
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 40% of expansion loans in Beauty Salons on this site.
  • Average expansion loan in Beauty Salons: $1,691,400.
  • Average expansion loan in Texas: $2,316,979.

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.

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Same industry in Texas