Beau Monde West Spa, an award-winning luxury day spa in Wichita, has broken ground on a lakefront 9,362-square-foot building at 3815 N. Weston Street that will serve as the new location for the spa. The new location will be more than twice the size of its current location two miles north, allowing for the spa to add several new health and wellness services.
Beau Monde West Spa secured more than $2 million in construction loans from American Momentum Bankâ€™s Small Business Administration (SBA) Division to begin construction on the property. The project was designed by Shelden Architecture. Accel Construction will oversee the building project.
“The thoughtful design of this space will enhance our commitment to providing a serene, harmonious environment for clients to relax and rejuvenate,â€ said Betty Jones, esthetician and owner of Beau Monde West Spa. â€œThe expansion will also allow us to introduce new, exciting wellness opportunities.”
Plans for the new location include a Himalayan Salt Room, Far Infrared Sauna, and a variety of new health and wellness offerings. Beau Monde West Spa will also add several new jobs to the community when the new location opens.
â€œWe are pleased to provide Beau Monde West Spa with the financing to expand its current operation and provide additional services to the community,â€ said Gary L. Siddens, Jr., Vice President, SBA Business Development Officer III for American Momentum Bank. â€œThe SBA program allowed us to secure a projection-based loan that uses Beau Mondeâ€™s projected earnings to secure ample financing. This type of loan is unique to the SBA program and is an asset to businesses in expansion mode.â€
Texas-chartered American Momentum Bank is a designated â€œSBA Preferred Lender,â€ according to the U.S. Small Business Administration. The community bank announced the expansion of its SBA Lending Division in May 2022 and continues to hire qualified SBA Business Development Officers across the country.
â€œWeâ€™re incredibly pleased with our experience with American Momentum Bank,â€ said Jones. â€œGary is attentive, responsive and courteous, and has answered all of our questions along the way in a professional manner.â€
Currently, Beau Monde West Spa is located at 2441 N. Maize Road. The new location is less than two miles north and sits on a serene lake. Beau Monde West Spa will occupy 6,755 square feet of the property and lease an additional 2,607 square feet to a tenant.
About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.7 billion as of June 30, 2023, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 18 full-service banking centers in Texas and nine full-service banking centers in Florida. American Momentum Bank’s strong capitalization, superior asset quality and experienced management teams position it as one of the premier banks in each state. Visit www.americanmomentum.bank to learn more.