Prodigy Academy Advance Learning Center, LLC
Prodigy Academy Advance Learning Center, LLC is an elementary and secondary school located in Sanford, Florida. The company financed real estate or equipment through an SBA 504 loan, with an SBA portion of $1,176,000 approved on October 3, 2024 through Florida Business Development Corporation and the lender APC-ASBF, L.P.
SBA 504 loan, approved Oct 3, 2024
- SBA (CDC) portion
- $1,176,000
- Bank portion
- $448,000
- Estimated project size
- $1,804,444 (estimated)
- Estimated owner equity
- $180,444 (estimated, about 10% of the project)
- Bank lender
- Apc-Asbf, L.P., Milton, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 3, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Project location
- Seminole County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-7
- Collateral
- Yes
Estimated share of project by source
Bank 25% SBA (CDC) 65% Owner 10%
- Larger than 9% 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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