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May 2, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Raleigh, Business Loans > Rbc Centura Bank Raleigh Business Loans > Education By Thomas Inc Loan | ||||
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Banks for Franchise Loans in North Carolina
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Borrow Money to Buy a Huntington Learning Center FranchiseBorrowing money to purchase a Huntington Learning Center franchise? Rbc Centura Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Greensboro, North Carolina needed money to invest in a Huntington Learning Center franchise back in 2007. Rbc Centura Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan. SBA Loan Borrower EDUCATION BY THOMAS INC SBA Loan Lender RBC CENTURA BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 611710 - Educational Support Services Loan Approval Date 9/13/2007 Loan Approval Gross Amount $74,000 Loan Approval from the SBA Of the total $74,000 loan amount, the SBA guaranteed $37,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Huntington Learning Center franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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. Find an SBA Lender in Raleigh, North Carolina
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