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April 26, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Hanmi Bank Los Angeles Business Loans > Tutor Time Loan | ||||
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Good Banks for Glendale Businesses
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Glendale, CA Entrepreneur Gets SBA Loan to Buy Tutor Time FranchiseNeed a loan to buy a Tutor Time franchise? Hanmi Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Glendale, California and are interested in buying a Tutor Time franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Hanmi Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower TUTOR TIME SBA Loan Lender HANMI BANK This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 624410 - Child Day Care Services Loan Approval Date 8/4/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Tutor Time franchise. At the time of the loan, the company had 18 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need business start up money in Glendale CA, you ought to talk with a local Glendale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glendale businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Hanmi Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Tutor Time Learning Centers, LLC Obtaining Funding - Getting Venture Capital Best Banks in Los Angeles, California
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