# Bay Clips, Inc., VIRGINIA BEACH VA: $3,873,400 SBA 7(a) loan approved 2026-03-19

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | Bay Clips, Inc. |
| Location | VIRGINIA BEACH, VA, 23451 |
| County | VIRGINIA BEACH CITY |
| Program | SBA 7(a) |
| Gross approval | $3,873,400 |
| SBA guaranteed | $2,905,050 |
| Approved | 2026-03-19 |
| Lender | FWBank |
| Term (months) | 120 |
| Industry | Beauty Salons |
| NAICS | 812112 |
| Franchise | Great Clips |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 175 |

## Why this score
- Approval of $2M or more: major new capital.
- Franchise (Great Clips).
- 175 jobs supported.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.