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Munchkinland Preschool of Cocoa, Inc

Cocoa, FL · Child Care Services · NAICS 624410

Munchkinland Preschool of Cocoa, Inc is a child care services business in Cocoa, Florida, classified under NAICS code 624410. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $992,000 approved by OptimumBank on May 5, 2026.

SBA 7(a) loan, change of ownership, approved May 5, 2026

$992,000 approvedLender: OptimumBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$992,000
SBA-guaranteed amount
$744,000 (75% of the approval)
Lender
OptimumBank, Fort Lauderdale, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
May 5, 2051 (estimated, approval date plus term)
Estimated monthly payment
$8,495 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 9, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Brevard County, FL
SBA district office
South Florida District Office
Congressional district
FL-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 40% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida