Primrose School at Mountainside
Primrose School at Mountainside in Mountainside, New Jersey, operates in the child care services industry (NAICS 624410) and is a Primrose Schools franchise. The business financed real estate or equipment through an SBA 504 loan with a $2,758,000 SBA portion, approved on February 26, 2026, through United Community Bank and Empire State Certified Development Corporation.
SBA 504 loan, approved Feb 26, 2026
$2,758,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,758,000
- Bank portion
- $3,346,500
- Estimated project size
- $6,782,778 (estimated)
- Estimated owner equity
- $678,278 (estimated, about 10% of the project)
- Bank lender
- United Community Bank, Greenville, SC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 26, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Primrose Schools
- Project location
- Union County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 83% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in New Jersey: $2,533,058.
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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