Port Saint Lucie, FL Entrepreneur Gets SBA Loan to Buy Huntington Learning Center Franchise

Need a loan to invest in a Huntington Learning Center franchise? First Peoples Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Huntington Learning Center franchise is doable. In 2005, First Peoples Bank issued an SBA franchise loan to an entrepreneur in Port Saint Lucie, Florida. Because Huntington Learning Center was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

HUNTINGTON LEARNING CENTER
PORT SAINT LUCIE, FL 34952

SBA Loan Lender

FIRST PEOPLES BANK
1301 SE PORT ST LUCIE BLVD
PORT SAINT LUCIE, FL 34952

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611691 - Exam Preparation and Tutoring

Loan Approval Date

4/15/2005

Loan Approval Gross Amount

$205,600

Loan Approval from the SBA

Of the total $205,600 loan amount, the SBA guaranteed $154,200.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Port Saint Lucie 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:

Huntington Learning Center, Inc.

Advice on Getting a Small Business Loan

SBA Participating Banks in Port Saint Lucie, Florida

Florida SBA Banks