Main Street Registry

Primrose School at Vista Ridge

Cedar Park, TX · Elementary and Secondary Schools · NAICS 611110

Primrose School at Vista Ridge is an elementary and secondary school business located in Cedar Park, Texas, in the Elementary and Secondary Schools industry. The company financed real estate or equipment through an SBA 504 loan of $2,124,000 from Regions Bank, with Capital Certified Development Corporation as the certified development company, and the loan was approved on December 16, 2024.

SBA 504 loan, approved Dec 16, 2024

$2,124,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,124,000
Bank portion
$2,593,100
Estimated project size
$5,241,222 (estimated)
Estimated owner equity
$524,122 (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
December 16, 2049 (estimated, approval date plus term)
First disbursement
May 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Franchise
Primrose Schools
Project location
Williamson County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes

Estimated share of project by source

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

  • Larger than 63% 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