Loan to Buy Huntington Learning Center Franchise Issued By Community W. Bank

Need money to invest in a Huntington Learning Center franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Huntington Learning Center franchise requires some effort but others before you have been successful. In 2008, Community W. Bank issued an SBA franchise loan to an entrepreneur in Warner Robins, Georgia. Because Huntington Learning Center was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

HUNTINGTON LEARNING CENTER
WARNER ROBINS, GA 31093

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611691 - Exam Preparation and Tutoring

Loan Approval Date

1/10/2008

Loan Approval Gross Amount

$421,000

Loan Approval from the SBA

Of the total $421,000 loan amount, the SBA guaranteed $315,750.

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 16 employees. The loan application indicated that the loan would help generate 16 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $421,000 loan. Remember, things become real when you believe you can achieve them!

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.

Getting a Small Business Loan

SBA Banks in Goleta, California

Getting an SBA Loan in California