Primrose School of Harmony on the Lakes
Primrose School of Harmony on the Lakes, located in Holly Springs, Georgia, operates in the elementary and secondary schools industry (NAICS 611110) and is a Primrose Schools franchise. The company financed real estate or equipment through an SBA 504 loan of $1,894,000, with Live Oak Banking Company as the lender and an approval date of February 5, 2025.
SBA 504 loan, approved Feb 5, 2025
$1,894,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,894,000
- Bank portion
- $2,356,000
- Estimated project size
- $4,722,222 (estimated)
- Estimated owner equity
- $472,222 (estimated, about 10% of the project)
- Bank lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 5, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Franchise
- Primrose Schools
- Project location
- Cherokee County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-11
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 52% 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 Georgia: $2,201,121.
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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