Main Street Registry

Coral Springs Montessori

Coral Springs, FL · Elementary and Secondary Schools · NAICS 611110

Coral Springs Montessori is an elementary and secondary school located in Coral Springs, Florida, in the Elementary and Secondary Schools industry. The business financed real estate or equipment through an SBA 504 loan of $1,271,000, with Bank of America, National Association as the bank partner and Florida First Capital Finance Corporation, Inc. as the certified development company, and the loan was approved on July 29, 2025.

SBA 504 loan, approved Jul 29, 2025

$1,271,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,271,000
Bank portion
$1,473,963
Estimated project size
$3,049,959 (estimated)
Estimated owner equity
$304,996 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 29, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-22
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 19% 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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Same industry in Florida