Main Street Registry

The Goddard School of Melissa

Melissa, TX · Child and Youth Services · NAICS 624110

The Goddard School of Melissa is a child and youth services business in Melissa, Texas, in the NAICS 624110 industry, and it is a franchise of The Goddard School. The business financed real estate or equipment through an SBA 504 loan of $2,443,000, approved on November 18, 2024, through Regions Bank with Capital Certified Development Corporation as the certified development company.

SBA 504 loan, approved Nov 18, 2024

$2,443,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,443,000
Bank portion
$2,983,095
Estimated project size
$6,028,994 (estimated)
Estimated owner equity
$602,899 (estimated, about 10% of the project)
Bank lender
Regions Bank, Birmingham, AL
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 18, 2049 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
624110, Child and Youth Services
Franchise
The Goddard School
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 71% of expansion loans in Child and Youth Services on this site.
  • Average expansion loan in Child and Youth Services: $2,025,529.
  • 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.

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Same industry in Texas