SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
New Horizon Computer Learning Center franchise in Florida: what the public record shows
Franchisees of New Horizon Computer Learning Center in Florida have taken 6 SBA loans in the FY1991–present FOIA files (average $768,333). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. New Horizon Computer Learning Center's national ratio is 1.4× (not clearly different from 1.0×).
Loans in FL
6
Charged off (all years)
2 of 5
Loss ratio in FL
—
Loss ratio nationally (not clear)
1.4×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
5,345
statewide, all operators
Per 100k residents
22.9
national 26.5
Versus the country
-14%
thinner
Every business in New Horizon Computer Learning Center's industry operating in Florida — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$654
Florida, BLS QCEW 2025
National average
$645
same industry, all states
Versus the country
+1%
costlier to staff
What New Horizon Computer Learning Center's industry actually pays workers in Florida, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in FL | Charged off (all years) | Loss ratio in FL | Units in FL |
|---|---|---|---|---|
| PRIMROSE SCHOOLS | 71 | 0 of 46 | 0× | 35 |
| Kids R Kids | 33 | 0 of 22 | — | — |
| The Learning Experience | 33 | 0 of 17 | — | — |
| Kiddie Academy | 32 | 3 of 12 | — | — |
| Huntington Learning Center | 30 | 7 of 24 | — | — |
| The Goddard School | 22 | 0 of 7 | — | — |
| SYLVAN LEARNING | 19 | 4 of 12 | — | 34 |
| Tutor Time | 19 | 0 of 15 | — | — |
| Discovery Point | 18 | 1 of 13 | — | — |
| THE LITTLE GYM | 15 | 3 of 4 | — | — |
| MY GYM | 11 | 1 of 6 | — | — |
| CODE NINJAS | 10 | 0 of 2 | — | 25 |
Other systems in New Horizon Computer Learning Center's sector whose franchisees borrowed in Florida. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing New Horizon Computer Learning Center’s numbers, including talking you out of a bad deal.