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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Borrow Money to Buy a New Horizon Computer Learning Center Franchise

Borrowing money to invest in a New Horizon Computer Learning Center franchise? Great Southern Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a New Horizon Computer Learning Center franchise shouldn't be too tough. In 2004, Great Southern Bank issued an SBA franchise loan to an entrepreneur in Springfield, Missouri. Because New Horizon Computer Learning Center was registered with the SBA's registry of franchises, this Missouri small business loan was issued on an expedited basis.

SBA Loan Borrower

NEW HORIZONS COMPUTER LEARNING
SPRINGFIELD, MO 65807

SBA Loan Lender

GREAT SOUTHERN BANK
14309 HWY 13
REEDS SPRING, MO 65737

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8243 - Data Processing Schools

NAICS Code

611420 - Computer Training

Loan Approval Date

8/30/2004

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a New Horizon Computer Learning Center franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Great Southern Bank 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:

New Horizons Computer Learning Centers, Inc.

Role of Business Plan When Raising Money

Best Banks for Small Business in Reeds Spring, Missouri

SBA Missouri Lenders