Florida Entrepreneur Secures Financing to Buy Huntington Learning Center Franchise

Borrowing money to purchase 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 Tampa, Florida 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 Florida small business loan.

SBA Loan Borrower

HUNTINGTON LEARNING CENTER
TAMPA, FL 33629

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

611691 - Exam Preparation and Tutoring

Loan Approval Date

9/5/2007

Loan Approval Gross Amount

$336,500

Loan Approval from the SBA

Of the total $336,500 loan amount, the SBA guaranteed $252,375.

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 loan application indicated that the loan would help generate 5 new jobs and retain 1 existing job.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Banco Popular North America 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:

Huntington Learning Center, Inc.

Business Incubators

Good Banks for Small Business in New York City, New York

New York SBA 7A Lenders