Main Street Registry

Discovery Emporium

Port Saint Lucie, FL · Child Care Services · NAICS 624410

Discovery Emporium, located in Port Saint Lucie, Florida, operates in the child care services industry (NAICS 624410). The business was financed with an SBA 7(a) loan for a change of ownership of $593,000, approved on March 11, 2025 by Midwest Regional Bank.

SBA 7(a) loan, change of ownership, approved Mar 11, 2025

$593,000 approvedLender: Midwest Regional Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$593,000
SBA-guaranteed amount
$444,750 (75% of the approval)
Lender
Midwest Regional Bank, Festus, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
March 11, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,919 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
27
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Saint Lucie County, FL
SBA district office
South Florida District Office
Congressional district
FL-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 12% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida