Simsbury (census Name For Sims, CT Entrepreneur Gets SBA Loan to Buy Huntington Learning Center Franchise

Need money to buy a Huntington Learning Center franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Huntington Learning Center franchise loans are available to Simsbury (census Name For Sims, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banco Popular North America, based in New York City, New York, issued an SBA franchise loan for a Huntington Learning Center franchise in 2007. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

VOEGTLE ENTERPRISES OF CT LLCD
SIMSBURY (CENSUS NAME FOR SIMS, CT 06070

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

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

611699 - Schools and Instruction

Loan Approval Date

2/8/2007

Loan Approval Gross Amount

$334,700

Loan Approval from the SBA

Of the total $334,700 loan amount, the SBA guaranteed $251,025.

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. This SBA loan request indicated that the loan would help generate 11 new jobs and retain 1 existing job.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $334,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Accountant's Role in Securing Financing

SBA Banks in New York City, New York

Find an SBA Lender in New York