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Primrose School of Woodbury

Woodbury, MN · Child Care Services · NAICS 624410

Primrose School of Woodbury is a child care services business located in Woodbury, Minnesota, classified under NAICS code 624410. The business is a franchise of Primrose Schools and has been in operation for more than two years. It financed real estate or equipment through an SBA 504 loan of $2,366,000 approved on April 23, 2026, with Minnwest Bank as the lender and Amplio Economic Development Corporation as the certified development company.

SBA 504 loan, approved Apr 23, 2026

$2,366,000 SBA portionCDC: Amplio Economic Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,366,000
Bank portion
$2,877,500
Estimated project size
$5,826,111 (estimated)
Estimated owner equity
$582,611 (estimated, about 10% of the project)
Bank lender
Minnwest Bank, Redwood Falls, MN
CDC
Amplio Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 23, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Primrose Schools
Project location
Washington County, MN
SBA district office
Minnesota District Office
Congressional district
MN-4
Collateral
Yes

Estimated share of project by source

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

  • Larger than 71% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Minnesota: $2,136,981.

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 Minnesota