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December 22, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Sylvan Learning Center Loan | ||||
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Cit Small Business Lending Corp Small Business Franchise Loan
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Kennewick, WA Entrepreneur Gets SBA Loan to Buy Sylvan Learning Center FranchiseNeed money to invest in 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 Kennewick, Washington needed money to invest in a Sylvan Learning Center franchise back in 2005. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Washington small business loan. SBA Loan Borrower SYLVAN LEARNING CENTER SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA business 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 611691 - Exam Preparation and Tutoring Loan Approval Date 7/12/2005 Loan Approval Gross Amount $475,000 Loan Approval from the SBA Of the total $475,000 loan amount, the SBA guaranteed $356,250. 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 12 employees. The SBA loan documents indicated that the funding would help create 3 new jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cit Small Business Lending Corp and they will explain how you can get an SBA loan for your company. 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: Who Lends Money to Small Businesses in Livingston, New Jersey
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