Gervais Salon & Day Spa Inc.
Gervais Salon & Day Spa Inc. is a beauty salon business in Eugene, Oregon, classified under the NAICS industry for beauty salons. The company was approved for an SBA 504 loan of $1,301,000 through the lender Summit Bank and the certified development company Cascade Capital Funding, with an approval date of August 1, 2025, to finance real estate or equipment.
SBA 504 loan, approved Aug 1, 2025
$1,301,000 SBA portionCDC: Cascade Capital Funding25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,301,000
- Bank portion
- $1,579,501
- Estimated project size
- $3,200,557 (estimated)
- Estimated owner equity
- $320,056 (estimated, about 10% of the project)
- Bank lender
- Summit Bank, Eugene, OR
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- August 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 812112, Beauty Salons
- Project location
- Lane County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 30% of expansion loans in Beauty Salons on this site.
- Average expansion loan in Beauty Salons: $1,691,400.
- Average expansion loan in Oregon: $1,931,136.
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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