Love and Jerry Road to Excellence Academy
Love and Jerry Road to Excellence Academy is a child care services business in Jackson, Georgia, in the child care services industry (NAICS 624410). The business was financed with an SBA 7(a) loan for a change of ownership of $527,000, approved on March 4, 2025, by Centerstone SBA Lending, Inc., and the loan reports 13 jobs.
SBA 7(a) loan, change of ownership, approved Mar 4, 2025
$527,000 approvedLender: Centerstone SBA Lending, Inc.10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $527,000
- SBA-guaranteed amount
- $395,250 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 4, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,038 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Butts County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 7% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Georgia: $2,017,638.
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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