Brilliant Horizons Early Learning LLC
Brilliant Horizons Early Learning LLC is located in San Jose, CA, and the SBA lists its industry as Elementary and Secondary Schools. It was approved for an SBA 7(a) loan of $2,241,000 for a change of ownership on May 21, 2024.
SBA 7(a) loan, change of ownership, approved May 21, 2024
- Gross approval
- $2,241,000
- SBA-guaranteed amount
- $1,680,750 (75% of the approval)
- Lender
- Plumas Bank, Quincy, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $27,486 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 14, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 92% of acquisition loans in Elementary and Secondary Schools on this site.
- Average acquisition loan in Elementary and Secondary Schools: $1,451,500.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- San Leandro Safari Kid LLC, San Leandro
- Colonial House Montessori, South Pasadena
- Evergreen Montessori Academy, Pasadena
- Abc Kids, Glendale
- Children's Paradise, Inc., Carlsbad
- Brightstart Learning Academy LLC, Roseville
- Summa Academy LLC, Walnut Creek
- Village Gate Children's Academy, LLC, Encinitas