Angel's Visiting Child Development Center LLC
Angel's Visiting Child Development Center LLC is located in Charlotte, NC, and the SBA lists its industry as Child Care Services. It was approved for an SBA 7(a) loan of $1,423,800 for a change of ownership on July 21, 2025.
SBA 7(a) loan, change of ownership, approved Jul 21, 2025
- Gross approval
- $1,423,800
- SBA-guaranteed amount
- $1,067,850 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 15 years, 9 months (189 months)
- Estimated maturity
- April 21, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $15,209 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Mecklenburg County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 57% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in North Carolina: $1,952,444.
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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