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Grafton Preschool, LLC

North Grafton, MA · Child Care Services · NAICS 624410

Grafton Preschool, LLC is a child care services business in North Grafton, Massachusetts, classified under NAICS 624410 (Child Care Services). The business was financed with an SBA 7(a) loan for a change of ownership totaling $661,500, approved by Santander Bank, National Association, on April 28, 2026.

SBA 7(a) loan, change of ownership, approved Apr 28, 2026

$661,500 approvedLender: Santander Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$661,500
SBA-guaranteed amount
$496,125 (75% of the approval)
Lender
Santander Bank, National Association, Wilmington, DE
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
April 28, 2036 (estimated, approval date plus term)
Estimated monthly payment
$8,290 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 29, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Worcester County, MA
SBA district office
Massachusetts District Office
Congressional district
MA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 17% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Massachusetts: $1,643,977.

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 Massachusetts