Main Street Registry

Plymouth Academy Inc

Minneapolis, MN · Child Care Services · NAICS 624410

Plymouth Academy Inc, located in Minneapolis, Minnesota, operates in child care services (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,583,000, approved by Frandsen Bank and Trust and processed through Twin Cities-Metro Certified Development Company, with an approval date of June 23, 2025.

SBA 504 loan, approved Jun 23, 2025

$1,583,000 SBA portionCDC: Twin Cities-Metro Certified Development Company25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,583,000
Bank portion
$1,933,750
Estimated project size
$3,907,500 (estimated)
Estimated owner equity
$390,750 (estimated, about 10% of the project)
Bank lender
Frandsen Bank and Trust, Arden Hills, MN
CDC
Twin Cities-Metro Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 23, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
18
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-5
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 35% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Minnesota: $2,136,981.

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 Minnesota