Lifetime Learners Child Development Center
Lifetime Learners Child Development Center is located in Brookshire, TX, and the SBA lists its industry as Child Care Services. It was approved for an SBA 504 loan ($1,054,000 SBA portion) on March 19, 2024 to finance real estate or equipment.
SBA 504 loan, approved Mar 19, 2024
- SBA (CDC) portion
- $1,054,000
- Bank portion
- $1,306,497
- Estimated project size
- $2,622,774 (estimated)
- Estimated owner equity
- $262,277 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- March 19, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Waller County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-10
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 7% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Texas: $2,316,979.
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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