Glendale Heights Child Care
Glendale Heights Child Care, located in Glendale, Wisconsin, operates in the child care services industry (NAICS 624410). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,779,000, approved by Horicon Bank with a November 15, 2024 approval date.
SBA 504 loan, approved Nov 15, 2024
$1,779,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,779,000
- Bank portion
- $2,453,000
- Estimated project size
- $4,702,222 (estimated)
- Estimated owner equity
- $470,222 (estimated, about 10% of the project)
- Bank lender
- Horicon Bank, Horicon, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 15, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 48% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Wisconsin: $2,095,135.
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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