Loan to Buy Sylvan Learning Center Franchise Issued By Capital One

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

Sylvan Learning Center franchise loans are available to Ocala, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capital One, based in Mclean, Virginia, issued an SBA franchise loan for a Sylvan Learning Center franchise in 2005. We've got all the details on this Florida small business loan.

SBA Loan Borrower

SYLVAN LEARNING CENTER
OCALA, FL 34471

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

1/21/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 60 employees. The SBA loan documents indicated that the loan would help retain 60 existing jobs.

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

If you are wondering how to raise money for a business in Ocala FL, you ought to talk with a local Ocala SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ocala businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Capital One so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Raising Venture Capital

Best Mclean, Virginia Banks for Small Business

SBA Participating Banks in Virginia