Inspired Kids Academy
Inspired Kids Academy in Van Meter, Iowa, operates in the child and youth services industry (NAICS 624110). The business financed real estate or equipment through an SBA 504 loan of $1,128,000, approved on April 23, 2026, with Lincoln Savings Bank as the lender and Dakota Business Finance as the certified development company.
SBA 504 loan, approved Apr 23, 2026
$1,128,000 SBA portionCDC: Dakota Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,128,000
- Bank portion
- $1,096,200
- Estimated project size
- $2,471,333 (estimated)
- Estimated owner equity
- $247,133 (estimated, about 10% of the project)
- Bank lender
- Lincoln Savings Bank, Reinbeck, IA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 23, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 29
- Business type
- Corporation
- NAICS
- 624110, Child and Youth Services
- Project location
- Dallas County, IA
- SBA district office
- Des Moines District Office
- Congressional district
- IA-3
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 6% of expansion loans in Child and Youth Services on this site.
- Average expansion loan in Child and Youth Services: $2,025,529.
- Average expansion loan in Iowa: $1,994,971.
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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