Main Street Registry

Montessori Reggio Academy of Katy

Katy, TX · Child Care Services · NAICS 624410

Montessori Reggio Academy of Katy is a child care services business in Katy, Texas, in the NAICS 624410 industry. It financed real estate or equipment through an SBA 504 loan of $1,440,000 from North Texas Certified Development Corporation, with Texas First Bank as the lending partner, approved June 6, 2025.

SBA 504 loan, approved Jun 6, 2025

$1,440,000 SBA portionCDC: North Texas Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,440,000
Bank portion
$1,757,000
Estimated project size
$3,552,222 (estimated)
Estimated owner equity
$355,222 (estimated, about 10% of the project)
Bank lender
Texas First Bank, Texas City, TX
CDC
North Texas Certified Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
June 6, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-7
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 29% 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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Same industry in Texas