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Journey School of Peoria

Peoria, AZ · Child Care Services · NAICS 624410

Journey School of Peoria is a child care services business in Peoria, Arizona, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,265,000, approved on May 9, 2024, by BNC National Bank with CDC Small Business Finance Corp. as the certified development company.

SBA 504 loan, approved May 9, 2024

$1,265,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,265,000
Bank portion
$1,542,000
Estimated project size
$3,118,889 (estimated)
Estimated owner equity
$311,889 (estimated, about 10% of the project)
Bank lender
BNC National Bank, Glendale, AZ
CDC
CDC Small Business Finance Corp.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 9, 2049 (estimated, approval date plus term)
First disbursement
Aug 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-8
Collateral
Yes

Estimated share of project by source

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

  • Larger than 18% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Arizona: $2,074,452.

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 Arizona