Primrose School of Kyle
Primrose School of Kyle is a child care services business in Kyle, Texas, in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan of $2,978,000, with Regions Bank as the lender and Capital Certified Development Corporation as the certified development company, approved on June 22, 2024. The business operates as a Primrose Schools franchise and is more than two years old.
SBA 504 loan, approved Jun 22, 2024
$2,978,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,978,000
- Bank portion
- $3,638,000
- Estimated project size
- $7,351,111 (estimated)
- Estimated owner equity
- $735,111 (estimated, about 10% of the project)
- Bank lender
- Regions Bank, Birmingham, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 22, 2049 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 29
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Primrose Schools
- Project location
- Hays County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 90% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Texas: $2,316,979.
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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