Ups Capital Business Credit Provides SBA Loan to Buy Sylvan Learning Center Franchise

Need money to buy a Sylvan Learning Center franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Sylvan Learning Center franchise? If so, here's a 2007 SBA franchise loan that you should know about. Ups Capital Business Credit was the lender and the entrepreneur was based in Denton, Texas.

SBA Loan Borrower

SYLVAN LEARNING CENTER
DENTON, TX 76205

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

4/9/2007

Loan Approval Gross Amount

$412,900

Loan Approval from the SBA

Of the total $412,900 loan amount, the SBA guaranteed $309,675.

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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Denton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Obtaining Funding - How to Borrow Money

SBA Banks in Windsor, Connecticut

Connecticut SBA 7A Banks