International Montessori School - Indiana LLC
International Montessori School - Indiana LLC is an elementary and secondary school in Indianapolis, Indiana, classified under NAICS 611110 for elementary and secondary schools. The business was financed with an SBA 7(a) loan for a change of ownership of $1,494,000, approved by Fulton Bank, National Association, with an approval date of September 23, 2026.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$1,494,000 approvedLender: Fulton Bank, National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,494,000
- SBA-guaranteed amount
- $1,120,500 (75% of the approval)
- Lender
- Fulton Bank, National Association, Lancaster, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,925 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 50% of acquisition loans in Elementary and Secondary Schools on this site.
- Average acquisition loan in Elementary and Secondary Schools: $1,451,500.
- Average acquisition loan in Indiana: $1,995,900.
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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