Main Street Registry

Plant City Early Learning Academy

Plant City, FL · Elementary and Secondary Schools · NAICS 611110

Plant City Early Learning Academy is an elementary and secondary school business in Plant City, Florida, classified under NAICS code 611110 for elementary and secondary schools. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,937,000, approved on October 12, 2023, with Bank of Central Florida as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Oct 12, 2023

$1,937,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,937,000
Bank portion
$2,725,000
Estimated project size
$5,180,000 (estimated)
Estimated owner equity
$518,000 (estimated, about 10% of the project)
Bank lender
Bank of Central Florida, Lakeland, FL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 12, 2048 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
40
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-15
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 55% 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 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.

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Same industry in Florida