Primrose School of Peachtree Corners
Primrose School of Peachtree Corners is a child care services business in Peachtree Corners, Georgia, classified under NAICS 624410 and operating as a Primrose Schools franchise. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,067,000, approved on August 5, 2024, through TD Bank, National Association and Capital Partners Certified Development Company.
SBA 504 loan, approved Aug 5, 2024
$1,067,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,067,000
- Bank portion
- $2,062,800
- Estimated project size
- $3,477,556 (estimated)
- Estimated owner equity
- $347,756 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 5, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Primrose Schools
- Project location
- Gwinnett County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-6
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 8% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Georgia: $2,201,121.
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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