Hairdressing business built from loans (5)

I believe the answer is:

salon

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'hairdressing business built' is the definition.
I can't judge whether this definition defines the answer.

'from loans' is the wordplay.
'from' indicates an anagram (from the letters).
'loans' is an anagram of 'SALON'.

Can you help me to learn more?

(Other definitions for salon that I've seen before include "Gallery for works of art -- loans (anag)" , "Parisian art exhibition" , "Room where beautician works" , "Drawing room" , "Reception room - social gathering" .)

I've seen this clue in The Globe and Mail.

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