NorthPoint Academy, LLC
NorthPoint Academy, LLC is located in Winston-Salem, NC, and the SBA lists its industry as Child Care Services. It was approved for an SBA 504 loan ($1,719,000 SBA portion) on June 7, 2024 to finance real estate or equipment.
- Business type
- Individual
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jun 7, 2024 | $1,719,000 | $2,225,000 | $4,382,222 (estimated) | Truist Bank | 504 Capital Corporation | 25 years | 4 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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