Time To Leap Enterprise LLC
Time To Leap Enterprise LLC, located in West Chester, PA, operates in the fine arts schools industry (NAICS 611610). The company was financed with an SBA 7(a) loan for a change of ownership totaling $805,000, approved on August 19, 2026, through Firstrust Savings Bank.
SBA 7(a) loan, change of ownership, approved Aug 19, 2026
$805,000 approvedLender: Firstrust Savings Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $805,000
- SBA-guaranteed amount
- $603,750 (75% of the approval)
- Lender
- Firstrust Savings Bank, Conshohocken, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 19, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,307 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 611610, Fine Arts Schools
- Project location
- Chester County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Fine Arts Schools on this site.
- Average acquisition loan in Fine Arts Schools: $1,256,650.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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