Creative World School at Vinings
Creative World School at Vinings, located in Woodstock, Georgia, operates in the child care services industry (NAICS 624410) and is a franchise of Creative World School. The business was approved for an SBA 504 loan that financed real estate or equipment through an SBA 504 loan, with an SBA portion of $2,729,000, approved on August 27, 2025, through Bank of America, National Association and Florida Business Development Corporation.
SBA 504 loan, approved Aug 27, 2025
$2,729,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,729,000
- Bank portion
- $3,334,000
- Estimated project size
- $6,736,667 (estimated)
- Estimated owner equity
- $673,667 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 27, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Creative World School
- Project location
- Cherokee County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 82% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Georgia: $2,201,121.
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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