Main Street Registry

Kiddie Academy of Land O' Lakes

Land O Lakes, FL · Elementary and Secondary Schools · NAICS 611110

Kiddie Academy of Land O' Lakes is an elementary and secondary school located in Land O Lakes, Florida, in the Elementary and Secondary Schools industry (NAICS 611110). The business financed real estate or equipment through an SBA 504 loan of $3,280,000, with Wells Fargo Bank National Association as the lender and an approval date of October 15, 2024.

SBA 504 loan, approved Oct 15, 2024

$3,280,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,280,000
Bank portion
$3,395,000
Estimated project size
$7,416,667 (estimated)
Estimated owner equity
$741,667 (estimated, about 10% of the project)
Bank lender
Wells Fargo Bank National Association, Sioux Falls, SD
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 15, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
20
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Franchise
Kiddie Academy
Project location
Pasco County, FL
SBA district office
South Florida District Office
Congressional district
FL-12
Collateral
Yes

Estimated share of project by source

Bank 46% SBA (CDC) 44% Owner 10%

  • Larger than 90% 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