Main Street Registry

ECOLE 360 Palatine

Palatine, IL · Child Care Services · NAICS 624410

ECOLE 360 Palatine is located in Palatine, IL, and the SBA lists its industry as Child Care Services. It was approved for an SBA 504 loan ($1,749,000 SBA portion) on March 20, 2026 to finance real estate or equipment.

SBA 504 loan, approved Mar 20, 2026

SBA (CDC) portion
$1,749,000
Bank portion
$2,125,000
Estimated project size
$4,304,444 (estimated)
Estimated owner equity
$430,444 (estimated, about 10% of the project)
Bank lender
Barrington Bank & Trust Company, National Association, Barrington, IL
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 20, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
6
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-6
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

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 Illinois