Main Street Registry

Kiddie Academy of Cumming

Cumming, GA · Child Care Services · NAICS 624410

Kiddie Academy of Cumming is a child care services business located in Cumming, Georgia, in the child care services industry. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,285,000, approved on April 10, 2025, with Bank of America, National Association as the lender and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Apr 10, 2025

$1,285,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,285,000
Bank portion
$1,550,000
Estimated project size
$3,150,000 (estimated)
Estimated owner equity
$315,000 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 10, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Forsyth County, GA
SBA district office
Georgia District Office
Congressional district
GA-7
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 Georgia: $2,201,121.

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 Georgia