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November 21, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Wilmington, Business Loans > Preferred Capital Bidco, Inc. Wilmington Business Loans > Huntington Learning Center Loan | ||||
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Advice for Borrowing Money to Buy a Franchise
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Borrow Money to Buy a Huntington Learning Center FranchiseBorrowing money to buy a Huntington Learning Center franchise? Preferred Capital Bidco, Inc. has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Chester Springs, Pennsylvania needed money to invest in a Huntington Learning Center franchise back in 2007. Preferred Capital Bidco, Inc. issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower HUNTINGTON LEARNING CENTER SBA Loan Lender PREFERRED CAPITAL BIDCO, INC. This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611710 - Educational Support Services Loan Approval Date 2/28/2007 Loan Approval Gross Amount $415,000 Loan Approval from the SBA Of the total $415,000 loan amount, the SBA guaranteed $311,250. 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 2 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Huntington Learning Center, Inc. Role of Business Plan When Raising Money SBA Banks in Wilmington, Delaware
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