Franchise brands › Huntington Learning Center
Franchise brand75 approvals since FY2010
SBA loans to Huntington Learning Center franchises
Approvals SBA files under the brand's franchise code. The loans are to independent franchise owners; this page describes the brand in aggregate and no franchisee.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA lists 75 loan approvals since FY2010 under the Huntington Learning Center franchise brand, worth $21.1M; 28 of them came in FY2021 to FY2025.
In FY2025 there were 9. The average approval in the five-year window was $324K.
18 lenders made the FY2021 to FY2025 loans across 16 states; the most active were The Huntington National Bank (4), Byline Bank (3) and First Bank of the Lake (3).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 13.3% as charged off, above the 6.0% for all SBA loans from those years. The figures describe loans to independent franchise owners, not the franchisor.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Loans by fiscal year
| Fiscal year | Approvals | Dollars approved | Average approval | of which 504 | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 3 | $482K | $161K | 0 | 14 |
| FY2025 | 9 | $1.6M | $173K | 0 | 147 |
| FY2024 | 4 | $2.3M | $582K | 0 | 83 |
| FY2023 | 8 | $2.7M | $334K | 0 | 200 |
| FY2022 | 4 | $1.9M | $466K | 0 | 48 |
| FY2021 | 3 | $636K | $212K | 0 | 50 |
| FY2020 | 2 | — | — | 0 | 30 |
| FY2019 | 8 | $2.9M | $366K | 0 | 86 |
| FY2018 | 6 | $1.1M | $192K | 1 | 99 |
| FY2017 | 3 | $1.2M | $403K | 0 | 41 |
| FY2016 | 5 | $1.7M | $347K | 0 | 105 |
SBA's franchise field lists the brand as "HUNTINGTON LEARNING CENTER"; "Huntington Learning Center". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Huntington Learning Center | All SBA loans |
|---|---|---|
| Approvals in these years | 47 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 45 | 633,669 |
| Paid in full | 27 | 471,304 |
| Charged off | 6 | 37,796 |
| Still outstanding (status exempt from disclosure) | 12 | 124,569 |
| Charged off, share of disbursed loans | 13.3% | 6.0% |
| Dollars charged off, share of disbursed dollars | 3.8% | 2.2% |
| Dollars charged off | $434K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 4 | $709K | 14.3% | |
| 2 | Byline BankChicago, IL | 3 | $2.1M | 10.7% | |
| 3 | First Bank of the LakeOsage Beach, MO | 3 | $783K | 10.7% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 3 | $300K | 10.7% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 7.1% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 3.6% | |
| 7 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 1 | — | 3.6% | |
| 8 | Bank of America, National AssociationCharlotte, NC | 1 | — | 3.6% | |
| 9 | Heritage Bank IncBurlington, KY | 1 | — | 3.6% | |
| 10 | United FCUSaint Joseph, MI | 1 | — | 3.6% | |
| 11 | Hancock Whitney BankGulfport, MS | 1 | — | 3.6% | |
| 12 | First Interstate BankBillings, MT | 1 | — | 3.6% | |
| 13 | United Community BankGreenville, SC | 1 | — | 3.6% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 1 | — | 3.6% | |
| 15 | ConnectOne BankEnglewood Cliffs, NJ | 1 | — | 3.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Illinois | 3 | 10.7% | |
| 2 | New York | 3 | 10.7% | |
| 3 | Florida | 3 | 10.7% | |
| 4 | Maryland | 3 | 10.7% | |
| 5 | California | 2 | 7.1% | |
| 6 | Texas | 2 | 7.1% | |
| 7 | Utah | 2 | 7.1% | |
| 8 | Georgia | 2 | 7.1% | |
| 9 | Nebraska | 1 | 3.6% | |
| 10 | Arkansas | 1 | 3.6% | |
| 11 | Mississippi | 1 | 3.6% | |
| 12 | Montana | 1 | 3.6% | |
| 13 | Delaware | 1 | 3.6% | |
| 14 | Kentucky | 1 | 3.6% | |
| 15 | Ohio | 1 | 3.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Schools and InstructionNAICS 6116 | 22 | 78.6% | |
| 2 | Educational Support ServicesNAICS 6117 | 4 | 14.3% | |
| 3 | Technical and Trade SchoolsNAICS 6115 | 1 | 3.6% | |
| 4 | Elementary and Secondary SchoolsNAICS 6111 | 1 | 3.6% |
Approval sizes
- $50,000 or less10.7%3
- $50,001 to $150,00028.6%8
- $150,001 to $350,00028.6%8
- $350,001 to $1 million32.1%9
Age of the businesses
- Existing, more than 2 years old17.9%5
- New business, 2 years or less25.0%7
- Startup, loan funds will open the business28.6%8
- Change of ownership28.6%8
Questions and answers
How many SBA loans go to Huntington Learning Center franchises?
75 approvals since FY2010, worth $21.1M; 28 in FY2021 to FY2025.
Which lenders make SBA loans for Huntington Learning Center franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (4), Byline Bank (3), First Bank of the Lake (3), Newtek Bank, National Association (3), Manufacturers and Traders Trust Company (2).
How large is a typical SBA loan for a Huntington Learning Center franchise?
The average approval in FY2021 to FY2025 was $324K.
What share of Huntington Learning Center SBA loans are charged off?
Of 45 disbursed loans approved in FY2010 to FY2021, 6 (13.3%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Huntington Learning Center franchises rising?
Volumes are too small to compare periods.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error