Franchise brands › Sylvan Learning Centers
Franchise brand80 approvals since FY2018
SBA loans to Sylvan Learning Centers 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 80 loan approvals since FY2018 under the Sylvan Learning Centers franchise brand, worth $33.7M; 51 of them came in FY2021 to FY2025.
In FY2025 there were 12, up 9% on FY2024. The average approval in the five-year window was $443K.
25 lenders made the FY2021 to FY2025 loans across 19 states; the most active were The Huntington National Bank (7), Live Oak Banking Company (4) and Zions Bank, A Division of (4).
These are loans to independent franchise owners, not to 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* | 7 | $4.3M | $614K | 0 | 95 |
| FY2025 | 12 | $3.1M | $258K | 0 | 122 |
| FY2024 | 11 | $7.1M | $645K | 0 | 376 |
| FY2023 | 17 | $9.0M | $529K | 0 | 423 |
| FY2022 | 3 | $817K | $272K | 0 | 58 |
| FY2021 | 8 | $2.6M | $326K | 0 | 176 |
| FY2020 | 11 | $1.9M | $172K | 0 | 213 |
| FY2019 | 5 | $2.0M | $399K | 0 | 102 |
| FY2018 | 6 | $2.9M | $484K | 1 | 125 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Sylvan Learning Centers". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Sylvan Learning Centers | All SBA loans |
|---|---|---|
| Approvals in these years | 30 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 24 | 633,669 |
| Paid in full | 13 | 471,304 |
| Charged off | 1 | 37,796 |
| Still outstanding (status exempt from disclosure) | 10 | 124,569 |
| Charged off, share of disbursed loans | too few loans | 6.0% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.2% |
| Dollars charged off | — | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 7 | $2.9M | 13.7% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 4 | $2.1M | 7.8% | |
| 3 | Zions Bank, A Division ofSalt Lake City, UT | 4 | $326K | 7.8% | |
| 4 | First Internet Bank of IndianaFishers, IN | 2 | — | 3.9% | |
| 5 | Platinum BankOakdale, MN | 2 | — | 3.9% | |
| 6 | Security Service FCUSan Antonio, TX | 2 | — | 3.9% | |
| 7 | First Bank of the LakeOsage Beach, MO | 2 | — | 3.9% | |
| 8 | North State BankRaleigh, NC | 2 | — | 3.9% | |
| 9 | OakStar BankSpringfield, MO | 2 | — | 3.9% | |
| 10 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 2.0% | |
| 11 | MVB Bank, Inc.Fairmont, WV | 1 | — | 2.0% | |
| 12 | Kendall BankOverland Park, KS | 1 | — | 2.0% | |
| 13 | First National Bank of Coffee CountyDouglas, GA | 1 | — | 2.0% | |
| 14 | Coastal States BankHilton Head Island, SC | 1 | — | 2.0% | |
| 15 | Stearns Bank National AssociationSaint Cloud, MN | 1 | — | 2.0% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 12 | 23.5% | |
| 2 | California | 9 | 17.6% | |
| 3 | Florida | 6 | 11.8% | |
| 4 | Idaho | 4 | 7.8% | |
| 5 | Washington | 2 | 3.9% | |
| 6 | Missouri | 2 | 3.9% | |
| 7 | Minnesota | 2 | 3.9% | |
| 8 | New York | 2 | 3.9% | |
| 9 | Arizona | 2 | 3.9% | |
| 10 | Ohio | 1 | 2.0% | |
| 11 | Michigan | 1 | 2.0% | |
| 12 | Illinois | 1 | 2.0% | |
| 13 | Colorado | 1 | 2.0% | |
| 14 | New Jersey | 1 | 2.0% | |
| 15 | Oklahoma | 1 | 2.0% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Schools and InstructionNAICS 6116 | 31 | 60.8% | |
| 2 | Educational Support ServicesNAICS 6117 | 19 | 37.3% | |
| 3 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 1 | 2.0% |
Approval sizes
- $50,000 or less11.8%6
- $50,001 to $150,00033.3%17
- $150,001 to $350,00027.5%14
- $350,001 to $1 million13.7%7
- $1 million to $2 million7.8%4
- Over $2 million5.9%3
Age of the businesses
- Existing, more than 2 years old29.4%15
- New business, 2 years or less13.7%7
- Startup, loan funds will open the business29.4%15
- Change of ownership27.5%14
Questions and answers
How many SBA loans go to Sylvan Learning Centers franchises?
80 approvals since FY2018, worth $33.7M; 51 in FY2021 to FY2025.
Which lenders make SBA loans for Sylvan Learning Centers franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (7), Live Oak Banking Company (4), Zions Bank, A Division of (4), First Internet Bank of Indiana (2), Platinum Bank (2).
How large is a typical SBA loan for a Sylvan Learning Centers franchise?
The average approval in FY2021 to FY2025 was $443K.
What share of Sylvan Learning Centers SBA loans are charged off?
There are fewer than 30 disbursed loans from the matured approval years, too few for a rate.
Are SBA loans to Sylvan Learning Centers franchises rising?
Approvals in the three latest complete fiscal years total 40, against 22 in the three before: rising (+82%).
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