- Funding Needed
- $1 (Mio)
- EB5 Funding
- $1 (Mio)
- EB-5 Investors
- 2
- Investment Amount
- $500,000
- Job Creation per Investor
- 12.5
- Job Creation (Total)
- 25
- Category
- Accommodation and Food Services
- Sub-Category
- Hotels (except Casino Hotels) and Motels
- State
- California
- Location
- Mira Loma
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- Last Update: February 05, 2016 12:52 AM
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Kingston Academy
Project Description
Etiwanda Montessori opened the Kingston Academy preschool in March 2011. The school was successful, but due to the high rent of the facility, it was unable to operate at full capacity.
In 2012 USEDLC funded and approved SBA 504 loan for Etiwanda Montessori Schools that allowed them to purchase the building that the school operates in outright and hire new staff necessary for the school to operate at its fully capacity of 140 students. The EB-5 fund enabled Etiwanda Montessori to provide existing and new students with professionals and trustworthy pre-school services.
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