Borrow Money to Buy a Tutor Time Franchise
Need money to invest in a Tutor Time franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.
Tutor Time franchise loans are available to Congers, New York entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Tutor Time franchise in 2000. We've got all the details on this New York small business loan.
SBA Loan Borrower
TUTOR TIME CHILD CARE LEARNING
CONGERS, NY 10920
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
11/8/2000
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $45,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Tutor Time franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 20 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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:
Tutor Time Learning Centers, LLC
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