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CRM Real Estate, LLC

Bonney Lake, WA · Child Care Services · NAICS 624410

CRM Real Estate, LLC is a child care services business in Bonney Lake, WA, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,057,000 and a total project amount of $3,737,000, with Enterprise Bank & Trust as the lender and Capital Matrix, Inc. as the certified development company, approved on September 3, 2024.

SBA 504 loan, approved Sep 3, 2024

$3,057,000 SBA portionCDC: Capital Matrix, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,057,000
Bank portion
$3,737,000
Estimated project size
$7,548,889 (estimated)
Estimated owner equity
$754,889 (estimated, about 10% of the project)
Bank lender
Enterprise Bank & Trust, Clayton, MO
CDC
Capital Matrix, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 3, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
25
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Pierce County, WA
SBA district office
Seattle District Office
Congressional district
WA-8
Collateral
Yes

Estimated share of project by source

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

  • Larger than 92% 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