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Mattea and Edward's Real Estate Holdings, LLC

Massapequa, NY · Child Care Services · NAICS 624410

Mattea and Edward's Real Estate Holdings, LLC, located in Massapequa, NY, operates in the child care services industry (NAICS 624410) and is listed as a franchise of The Learning Experience. The company financed real estate or equipment through an SBA 504 loan of $2,136,000, with a total project amount of $2,850,000, approved on January 15, 2026 through Bank of America, National Association and the Empire State Certified Development Corporation.

SBA 504 loan, approved Jan 15, 2026

$2,136,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,136,000
Bank portion
$2,850,000
Estimated project size
$5,540,000 (estimated)
Estimated owner equity
$554,000 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Empire State Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 15, 2051 (estimated, approval date plus term)
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
The Learning Experience
Project location
Nassau County, NY
SBA district office
New York District Office
Congressional district
NY-2
Collateral
Yes

Estimated share of project by source

Bank 51% SBA (CDC) 39% Owner 10%

  • Larger than 62% 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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Same industry in New York