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Child Advancement Center, Inc

Fort Lauderdale, FL · All Other Personal Services · NAICS 812990

Child Advancement Center, Inc is a business in Fort Lauderdale, Florida, classified under the industry All Other Personal Services (NAICS 812990). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,774,000, approved on April 19, 2024, with TD Bank, National Association as the partner lender and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Apr 19, 2024

$2,774,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,774,000
Bank portion
$1,296,500
Estimated project size
$4,522,778 (estimated)
Estimated owner equity
$452,278 (estimated, about 10% of the project)
Bank lender
TD Bank, National Association, Wilmington, DE
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 19, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes

Estimated share of project by source

Bank 29% SBA (CDC) 61% Owner 10%

  • Larger than 88% of expansion loans in All Other Personal Services on this site.
  • Average expansion loan in All Other Personal Services: $1,931,490.
  • Average expansion loan in Florida: $2,058,496.

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 Florida