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Kidz World Early Childhood Center Inc.

Saint Albans, NY · Child Care Services · NAICS 624410

Kidz World Early Childhood Center Inc. is a child care services business located in Saint Albans, NY, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,051,000, approved on July 11, 2024, through First Bank of the Lake and Empire State Certified Development Corporation.

SBA 504 loan, approved Jul 11, 2024

$1,051,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,051,000
Bank portion
$1,438,850
Estimated project size
$2,766,500 (estimated)
Estimated owner equity
$276,650 (estimated, about 10% of the project)
Bank lender
First Bank of the Lake, Osage Beach, MO
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 11, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
18
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Queens County, NY
SBA district office
New York District Office
Congressional district
NY-5
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 5% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in New York: $2,225,161.

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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