American Capital Investment, Corp
American Capital Investment, Corp is a child care services business located in Thornton, Colorado. It was financed with an SBA 7(a) loan for a change of ownership of $1.36 million, approved on February 27, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 27, 2024
$1,357,000 approvedLender: Live Oak Banking Company10 years termPaid in fullLoan details
- Gross approval
- $1,357,000
- SBA-guaranteed amount
- $1,017,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.65%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $17,671 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 5, 2024
- Loan status
- Paid in full
- Jobs supported
- 29
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Adams County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Colorado: $1,608,658.
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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