Main Street Registry

Coastal Swim Academy, Inc.

Pearland, TX · All Other Personal Services · NAICS 812990

Coastal Swim Academy, Inc., located in Pearland, Texas, operates in the All Other Personal Services industry (NAICS 812990). The business financed real estate or equipment through an SBA 504 loan of $1,354,000, with Capital Certified Development Corporation as the certified development company and The Huntington National Bank as the lending bank, approved on August 8, 2024.

SBA 504 loan, approved Aug 8, 2024

$1,354,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,354,000
Bank portion
$1,500,000
Estimated project size
$3,171,111 (estimated)
Estimated owner equity
$317,111 (estimated, about 10% of the project)
Bank lender
The Huntington National Bank, Columbus, OH
CDC
Capital Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 8, 2049 (estimated, approval date plus term)
First disbursement
Aug 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Brazoria County, TX
SBA district office
Houston District Office
Congressional district
TX-22
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 29% of expansion loans in All Other Personal Services on this site.
  • Average expansion loan in All Other Personal Services: $1,931,490.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Texas