Main Street Registry

Pinnacle Montessori of Sunnyvale, LLC

Sunnyvale, TX · Elementary and Secondary Schools · NAICS 611110

Pinnacle Montessori of Sunnyvale, LLC is an elementary and secondary school located in Sunnyvale, Texas, in the Elementary and Secondary Schools industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,127,000, with Security Service FCU as the bank lender and LiftFund, Inc. as the certified development company, and the loan was approved on May 23, 2024.

SBA 504 loan, approved May 23, 2024

$1,127,000 SBA portionCDC: LiftFund, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,127,000
Bank portion
$1,836,000
Estimated project size
$3,292,222 (estimated)
Estimated owner equity
$329,222 (estimated, about 10% of the project)
Bank lender
Security Service FCU, San Antonio, TX
CDC
LiftFund, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 23, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
25
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-5
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 4% 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 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