Kids R Kids Prosper
Kids R Kids Prosper is a child care services business in Prosper, Texas, in the child care services industry (NAICS 624410). It was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on February 9, 2026 through Bankwell Bank, and is a Kids 'R' Kids franchise.
SBA 7(a) loan, change of ownership, approved Feb 9, 2026
$5,000,000 approvedLender: Bankwell Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Bankwell Bank, New Canaan, CT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 9, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $38,591 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kids 'R' Kids
- Project location
- Collin County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Texas: $1,944,682.
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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