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Kiddie Academy of Parker

Parker, CO · Child Care Services · NAICS 624410

Kiddie Academy of Parker is a child care services business in Parker, Colorado, classified under NAICS code 624410 (Child Care Services). The company was approved for an SBA 504 loan of $2,864,000, which financed real estate or equipment through an SBA 504 loan, with Bank Five Nine as the lender and Mountain West Small Business Finance as the certified development company, with approval dated September 13, 2024.

SBA 504 loan, approved Sep 13, 2024

$2,864,000 SBA portionCDC: Mountain West Small Business Finance25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,864,000
Bank portion
$3,485,500
Estimated project size
$7,055,000 (estimated)
Estimated owner equity
$705,500 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
Mountain West Small Business Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 13, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
30
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Kiddie Academy
Project location
Douglas County, CO
SBA district office
Colorado District Office
Congressional district
CO-4
Collateral
Yes

Estimated share of project by source

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

  • Larger than 86% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Colorado: $2,096,252.

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 Colorado