Main Street Registry

BrightStars Discovery Center

Milpitas, CA · Child Care Services · NAICS 624410

BrightStars Discovery Center is a child care services business located in Milpitas, California, under NAICS code 624410. It was financed with an SBA 7(a) loan for a change of ownership in the amount of $638,000, approved on July 9, 2025, by Plumas Bank.

SBA 7(a) loan, change of ownership, approved Jul 9, 2025

$638,000 approvedLender: Plumas Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$638,000
SBA-guaranteed amount
$478,500 (75% of the approval)
Lender
Plumas Bank, Quincy, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, fixed
Term
10 years (120 months)
Estimated maturity
July 9, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,741 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Santa Clara County, CA
SBA district office
San Francisco District Office
Congressional district
CA-17
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 16% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in California: $1,688,228.

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 California