Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Fayetteville, Arkansas Bank Loan

 

 
Loan Census SBA Loan Info

Arkansas Entrepreneur Secures Financing to Buy Huntington Learning Center Franchise

Borrowing money to invest in a Huntington Learning Center franchise? Anb Finan has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Huntington Learning Center franchise? If so, here's a 2003 SBA franchise loan that you should know about. Anb Finan was the lender and the entrepreneur was based in Fayetteville, Arkansas.

SBA Loan Borrower

HUNTINGTON LEARNING CENTER
FAYETTEVILLE, AR 72703

SBA Loan Lender

ANB FINAN
2710 MISSION BLVD
FAYETTEVILLE, AR 72703

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541720 - Research and Development in the Social Sciences and Humanities

Loan Approval Date

11/19/2003

Loan Approval Gross Amount

$119,500

Loan Approval from the SBA

Of the total $119,500 loan amount, the SBA guaranteed $101,575.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Huntington Learning Center franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Anb Finan are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Huntington Learning Center, Inc.

Angel Investors

Find an SBA Lender in Fayetteville, Arkansas

SBA Arkansas Lenders