Goddard School of Riverton
Goddard School of Riverton, located in Pittsburgh, PA, operates in the Elementary and Secondary Schools industry (NAICS 611110) and is a franchise under The Goddard School. The company financed real estate or equipment through an SBA 504 loan of $2,309,000, approved on July 11, 2025, with Wells Fargo Bank, N.A. as the lender and Mountain West Small Business Finance as the certified development company.
SBA 504 loan, approved Jul 11, 2025
$2,309,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,309,000
- Bank portion
- $3,210,000
- Estimated project size
- $6,132,222 (estimated)
- Estimated owner equity
- $613,222 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank, N.a., Minneapolis, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 11, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Franchise
- The Goddard School
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 66% of expansion loans in Elementary and Secondary Schools on this site.
- Average expansion loan in Elementary and Secondary Schools: $2,129,925.
- Average expansion loan in Pennsylvania: $2,212,724.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Pennsylvania
- Cottage Seven Academy, Phoenixville