Main Street Registry

N Kids Inc

Farmers Branch, TX · Coin-Operated Laundries and Drycleaners · NAICS 812310

N Kids Inc is located in Farmers Branch, TX, and the SBA lists its industry as Coin-Operated Laundries and Drycleaners. It was approved for an SBA 7(a) loan of $1,340,000 for a change of ownership on February 25, 2026.

SBA 7(a) loan, change of ownership, approved Feb 25, 2026

Gross approval
$1,340,000
SBA-guaranteed amount
$1,005,000 (75% of the approval)
Lender
Bank of Hope, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
February 25, 2051 (estimated, approval date plus term)
Estimated monthly payment
$10,121 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 31, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
812310, Coin-Operated Laundries and Drycleaners
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-24
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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