Main Street Registry

Alg of Landover Opco LLC

Hyattsville, MD · Child Care Services · NAICS 624410

Alg of Landover Opco LLC is a child care services business in Hyattsville, Maryland, operating in the child care services industry (NAICS 624410). The company was financed with an SBA 7(a) loan for a change of ownership of $1,935,000 from Byline Bank, with an approval date of September 17, 2026.

SBA 7(a) loan, change of ownership, approved Sep 17, 2026

$1,935,000 approvedLender: Byline Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,935,000
SBA-guaranteed amount
$1,451,250 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
September 17, 2036 (estimated, approval date plus term)
Estimated monthly payment
$24,512 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
22
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Prince Georges County, MD
SBA district office
Washington District Office
Congressional district
MD-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 70% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Maryland: $1,627,337.

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 Maryland