Let's Be Friends Academy LLC
Let's Be Friends Academy LLC is located in Jacksonville, FL, and the SBA lists its industry as Child and Youth Services. It was approved for an SBA 504 loan ($1,741,000 SBA portion) on October 30, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 30, 2024
- SBA (CDC) portion
- $1,741,000
- Bank portion
- $2,025,000
- Estimated project size
- $4,184,444 (estimated)
- Estimated owner equity
- $418,444 (estimated, about 10% of the project)
- Bank lender
- North State Bank, Raleigh, NC
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- October 30, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 624110, Child and Youth Services
- Project location
- Duval County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-1
- Collateral
- Yes
Estimated share of project by source
Bank 48% SBA (CDC) 42% Owner 10%
- Larger than 41% of expansion loans in Child and Youth Services on this site.
- Average expansion loan in Child and Youth Services: $2,025,529.
- Average expansion loan in Florida: $2,058,496.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Florida
- Primrose School of Wesley Chapel, Wesley Chapel
- Building Blocks 4500 Inc, Coconut Creek
- Aye Counselor & Behavior Therapy Inc, Hialeah
- Primrose School of Glen Kernan, Jacksonville