Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Santa Maria, California Bank Loan

 

 
Loan Census SBA Loan Info

Rabobank, National Association Provides SBA Loan to Buy Sylvan Learning Center Franchise

Need a loan to purchase a Sylvan Learning Center franchise? Rabobank, National Association has a history of making these loans and they are guaranteed by the SBA.

Sylvan Learning Center franchise loans are available to Santa Maria, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rabobank, National Association, based in Arroyo Grande, California, issued an SBA franchise loan for a Sylvan Learning Center franchise in 2006. We've got all the details on this California small business loan.

SBA Loan Borrower

SYLVAN LEARNING CENTER
SANTA MARIA, CA 93454

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

611691 - Exam Preparation and Tutoring

Loan Approval Date

11/22/2006

Loan Approval Gross Amount

$104,000

Loan Approval from the SBA

Of the total $104,000 loan amount, the SBA guaranteed $52,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sylvan Learning Center franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Sylvan Learning Center

Business Credit Evaluation

Best Banks in Arroyo Grande, California

Getting a Business Loan in California