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Kiddie Academy of Daybreak

South Jordan, UT · Child Care Services · NAICS 624410

Kiddie Academy of Daybreak in South Jordan, Utah operates in the child care services industry (NAICS 624410) and is a Kiddie Academy franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $4,193,000, provided by First Utah Bank with an approval date of July 23, 2025.

SBA 7(a) loan, change of ownership, approved Jul 23, 2025

$4,193,000 approvedLender: First Utah Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,193,000
SBA-guaranteed amount
$3,144,750 (75% of the approval)
Lender
First Utah Bank, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
July 23, 2050 (estimated, approval date plus term)
Estimated monthly payment
$35,188 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 25, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Kiddie Academy
Project location
Salt Lake County, UT
SBA district office
Utah District Office
Congressional district
UT-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 92% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Utah: $1,761,092.

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 Utah