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Little Harvard Minana II LLC

Lakewood, CO · Child Care Services · NAICS 624410

Little Harvard Minana II LLC is a child care services business in Lakewood, Colorado, operating under NAICS code 624410. It was financed with an SBA 7(a) loan for a change of ownership totaling $2,042,000, approved on June 25, 2024 by T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Jun 25, 2024

$2,042,000 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,042,000
SBA-guaranteed amount
$1,531,500 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
June 25, 2034 (estimated, approval date plus term)
Estimated monthly payment
$27,554 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Jefferson County, CO
SBA district office
Colorado District Office
Congressional district
CO-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 74% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Colorado: $1,608,658.

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