Which has more SBA loans, Code Wiz or Huntington Learning Center?

Code Wiz has 12 SBA 7(a) historical approvals; Huntington Learning Center has 251. Huntington Learning Center has the deeper public lender track record, which generally translates into faster pre-qualification and broader lender familiarity.

What is the default rate for Code Wiz vs Huntington Learning Center SBA loans?

Code Wiz's SBA default rate is 0.0%, versus 25.9% for Huntington Learning Center. Code Wiz has the cleaner loss profile, which capital sources weigh when pricing the next deal in the brand.

Side by Side Comparison

Code Wiz vs Huntington Learning Center

Quick Answer

Code Wiz vs Huntington Learning Center: Code Wiz costs $150K to $237K to open; Huntington Learning Center costs $164K to $302K. Code Wiz has 9 units, Huntington Learning Center has 204. SBA loan history: Code Wiz = 12 loans (0.0% default); Huntington Learning Center = 251 loans (25.9% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.

Code Wiz vs Huntington Learning Center: Capital, Scale & Lending Analysis

Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.

Capital Intensity

Code Wiz requires the lower minimum capital commitment ($150K vs $164K for Huntington Learning Center), a 8% spread. Initial franchise fees come in at $40K for Code Wiz versus $36K for Huntington Learning Center, Huntington Learning Center has the lower entry fee. Ongoing royalty load is 6% for Code Wiz and 9.5% for Huntington Learning Center, giving Code Wiz the lighter per-unit drag on operating income.

System Scale & Tenure

On scale, Huntington Learning Center operates 204 units to Code Wiz's 9, roughly 23× the system size. Huntington Learning Center has been operating 49 years (founded 1977) versus 9 for Code Wiz (founded 2017), a 40-year tenure gap that affects unit-economics maturity and FDD revision history.

SBA Lending Profile

Huntington Learning Center has the deeper SBA lending track record, with 251 7(a) approvals compared with 12 for Code Wiz.

Risk Signal

SBA default rates are 0.0% for Code Wiz and 25.9% for Huntington Learning Center, Code Wiz has the cleaner SBA loss record by 25.9 points. PeerSense FPI scores come in at 85 (Excellent) for Code Wiz and 44 (Fair) for Huntington Learning Center, giving Code Wiz the stronger composite signal across SBA performance, lender appetite, and operational consistency.

Code Wiz

Education & Tutoring

Huntington Learning Center

Education & Tutoring

44 9W

Health & Performance

FPI Score	85/100	44/100
Health Tier	Excellent	Fair
Confidence	N/A	N/A
Lending Trend	Surging	Declining

SBA Lending

SBA Loans	12	251
SBA Volume	–	–
Default Rate	0.0%	25.9%
Peer Tier	growing	major

Investment & Costs

Total Investment	$150K to $237K	$164K to $302K
Franchise Fee	$40K	$36K
Royalty Rate	6%	9.5%
Ad Fund	2%	2%
Liquid Capital	N/A	$110K
Net Worth Required	N/A	$200K

Financial Performance (Item 19)

Item 19 Status

Disclosed

System Size & Operations

Total Units	9	204
Franchised Units	9	204
Company Owned	–	–
Term Length	10 yrs	10 yrs

Brand Information

Year Founded	2017	1977
Franchising Since	2019	1985
Years Franchising	7 yrs	41 yrs
Headquarters	Westford, MA	N/A
Category	Education & Tutoring	Education & Tutoring
Website	thecodewiz.com	huntingtonhelps.com
FDD Year	2023	2025

Which Is Better, Code Wiz or Huntington Learning Center?

Lower upfront capital required

Code Wiz

Code Wiz: $150K starting · Huntington Learning Center: $164K starting

More SBA lender confidence

Huntington Learning Center

Code Wiz: 12 SBA loans · Huntington Learning Center: 251 SBA loans

Lower SBA default rate

Code Wiz

Code Wiz: 0.0% · Huntington Learning Center: 25.9%

Larger system & brand presence

Huntington Learning Center

Code Wiz: 9 units · Huntington Learning Center: 204 units

Lower ongoing royalty load

Code Wiz

Code Wiz: 6% · Huntington Learning Center: 9.5%

More lender financing options

Huntington Learning Center

Code Wiz: 5 unique lenders · Huntington Learning Center: 85 unique lenders

Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.

Franchise Financing

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About These Franchises

Code Wiz

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Huntington Learning Center

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Code Wiz vs Huntington Learning Center: Franchise Funding Comparison

Comparing Code Wiz and Huntington Learning Center is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $150K to $302K.

Code Wiz has 12 SBA loans on record and Huntington Learning Center has 251. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.

SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.

Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.

SBA Loan Guide Franchise Funding Options Best SBA Franchise Lenders All Franchises Talk to PeerSense

Code Wiz vs Huntington Learning Center, Frequently Asked Questions

Which is a better franchise investment, Code Wiz or Huntington Learning Center?

Compare Code Wiz vs Huntington Learning Center franchise costs, FDD data, royalty rates, unit counts, and SBA lending history side by side above. The best franchise depends on your capital, market, and risk tolerance, not a single ranking. Use the decision matrix above to see which brand wins on each financing dimension.

How much does a Code Wiz franchise cost compared to Huntington Learning Center?

Code Wiz requires $150K to $237K in total initial investment with a $40K franchise fee. Huntington Learning Center requires $164K to $302K with a $36K franchise fee. All numbers come from official Franchise Disclosure Document filings.

Can I finance Code Wiz or Huntington Learning Center with an SBA loan?

Both brands appear on the SBA Franchise Directory and have funded SBA 7(a) loans: Code Wiz has 12 SBA loans on record; Huntington Learning Center has 251. SBA 7(a) is the most common franchise financing vehicle, offering up to $5M with 10% down. PeerSense routes your deal to lenders who have already approved the brand.

Which has a lower SBA default rate, Code Wiz or Huntington Learning Center?

Code Wiz: 0.0% SBA default rate. Huntington Learning Center: 25.9% SBA default rate. Lower default rates mean lenders quote tighter rates and underwrite faster.

Compare Code Wiz to other franchises Compare Huntington Learning Center to other franchises Browse all Education & Tutoring franchises

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Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
Edward L. Freeman founded PeerSense in January 2020.
He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed October 2, 2026LinkedIn profile About Edward Freeman