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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Sylvan Learning Center Loan | ||||
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Business Loans for Ripon Entrepreneurs
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Ripon, CA Entrepreneur Gets SBA Loan to Buy Sylvan Learning Center FranchiseNeed money to purchase a Sylvan Learning Center franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Ripon, California needed money to invest in a Sylvan Learning Center franchise back in 2002. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower SYLVAN LEARNING CENTER SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611710 - Educational Support Services Loan Approval Date 12/17/2002 Loan Approval Gross Amount $199,500 Loan Approval from the SBA Of the total $199,500 loan amount, the SBA guaranteed $149,625. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Sylvan Learning Center franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower indicated that the loan would help generate 18 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA Approved Banks in Livingston, New Jersey
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