FranchiseRanked

New Horizons Computer Learning Centers

Business & Professional ServicesSBA loans FY2020–FY2021

2

SBA Loans

$400K

Total Financed

$200K

Avg Loan Size

—

YoY Loan Growth

How New Horizons Computer Learning Centers Compares

  • Ranks #129 of 241 Business & Professional Services brands by SBA loan count (#2,083 of 3,543 overall).
  • Its average loan of $200K is 20% below the Business & Professional Services median of $250K.
  • With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Business & Professional Services brands overall see a 2.1% charge-off rate across 2,936 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20201$100K
FY20211$300K

FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where New Horizons Computer Learning Centers Is Getting SBA-Financed

Recent SBA-Financed New Horizons Computer Learning Centers Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

KHAP, Inc. dba New Horizons of PhoenixMESA, AZ
$300,0002021-07-22
KHAP, Inc.PHOENIX, AZ
$100,0002020-05-14

Frequently Asked Questions

Is New Horizons Computer Learning Centers growing or shrinking?

New Horizons Computer Learning Centers doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #129 of 241 Business & Professional Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a New Horizons Computer Learning Centers franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $200K (20% below the typical Business & Professional Services brand's $250K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for New Horizons Computer Learning Centers?

New Horizons Computer Learning Centers only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Business & Professional Services brands overall see a 2.1% charge-off rate across 2,936 loans.