Main Street Registry

Columbia Crest Montessori

Lake Stevens, WA · Child Care Services · NAICS 624410

Columbia Crest Montessori is a child care services business in Lake Stevens, Washington, classified under NAICS 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,775,000, with a total project amount of $3,480,000, approved on September 24, 2024 through First-Citizens Bank & Trust Company and the certified development company Evergreen Business Capital.

SBA 504 loan, approved Sep 24, 2024

$2,775,000 SBA portionCDC: Evergreen Business Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,775,000
Bank portion
$3,480,000
Estimated project size
$6,950,000 (estimated)
Estimated owner equity
$695,000 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Evergreen Business Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 24, 2049 (estimated, approval date plus term)
First disbursement
Jul 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-1
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 83% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Washington: $2,234,716.

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 Washington