SBA lending record
AB ELITE LEARNING, LLC
475 W LIBERTY ST, Wauconda, IL 60084 · Exam Preparation and Tutoring. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$73K
Total SBA financing
1
Loan on record
FY2024
On record
9
Jobs supported
Franchise brand
Mathnasium Learning Centers
See Mathnasium Learning Centers's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is AB ELITE LEARNING, LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$73,000 — FY2024
- Gross approval
- $73,000
- SBA guaranteed
- $62,050 (85%)
- Status
- Current
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/25/2024
- First disbursement
- 8/2/2024
- Days to fund
- 8 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Exam Preparation and Tutoring
- NAICS code
- 611691
- Franchise
- Mathnasium Learning Centers
- Franchise code
- S1089
- Address
- 475 W LIBERTY ST
- City
- Wauconda, 60084
- County
- Lake
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 14
The lender
Stearns Bank National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding exam preparation and tutoring — by location, industry, and brand.
Other Mathnasium Learning Centers locations
Other Mathnasium Learning Centers businesses in the public SBA record — closest first, by location and deal size.
PAI-R-SQUARE INC
Naperville, IL· ~38 mi
Mathnasium Learning Centers
- $51K
- SBA financing
- ≈ $100K–$167K
- Est. revenue (rough)
Numberland LLC
South Lyon, MI· ~230 mi
Mathnasium Learning Centers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
A Plus Math LLC
Lebanon, OH· ~284 mi
Mathnasium Learning Centers
- $75K
- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
Mathnasium of Crescent Springs
La Grange, KY· ~301 mi
Mathnasium Learning Centers
- $80K
- SBA financing
- ≈ $157K–$261K
- Est. revenue (rough)
Movemynt Solutions LLC
Humble, TX· ~934 mi
Mathnasium Learning Centers
- $75K
- SBA financing
- ≈ $147K–$245K
- Est. revenue (rough)
Farrell LLC
Shelby Township, MI· ~259 mi
Mathnasium Learning Centers
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
Similar businesses
Comparable exam preparation and tutoring in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
NORTHSHORE TUTORS ZURICH, LLC
Lake Zurich, IL· ~5 mi
Sylvan Learning Centers
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Kumon Wicker Park
Chicago, IL· ~34 mi
Kumon
- $129K
- SBA financing
- ≈ $254K–$423K
- Est. revenue (rough)
MY2TOR LLC
Naperville, IL· ~37 mi
Exam Preparation and Tutoring
- $30K
- SBA financing
- ≈ $59K–$98K
- Est. revenue (rough)
MAKE IT HAPPEN EDUCATIONAL SERVICES, LLC
Arlington Heights, IL· ~15 mi
Huntington Learning Center
- $786K
- SBA financing
- ≈ $1.5M–$2.6M
- Est. revenue (rough)
KLH Global Enterprises, LLC
Chicago, IL· ~43 mi
Exam Preparation and Tutoring
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
EDUCARE, LLC
Arlington Heights, IL· ~15 mi
Huntington Learning Center
- $654K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for AB ELITE LEARNING, LLC in Wauconda, IL (Exam Preparation and Tutoring). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $73K
- On record FY2024
- 9 jobs supported
- Industry: Exam Preparation and Tutoring
- Location: Wauconda, IL
- Lender: Stearns Bank National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Exam Preparation and Tutoring businesses in IL for ~$73k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is AB ELITE LEARNING, LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with AB ELITE LEARNING, LLC.