Cocoon Childcare LLC
Cocoon Childcare LLC is located in Lakewood, NJ, and the SBA lists its industry as Child Care Services. It was approved for an SBA 504 loan ($3,111,000 SBA portion) on April 30, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 30, 2025
- SBA (CDC) portion
- $3,111,000
- Bank portion
- $3,850,000
- Estimated project size
- $7,734,444 (estimated)
- Estimated owner equity
- $773,444 (estimated, about 10% of the project)
- Bank lender
- Cross River Bank, Fort Lee, NJ
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Ocean County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-3
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 93% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in New Jersey: $2,533,058.
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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