Shumway LLC
Shumway LLC is located in Eatonville, WA, and the SBA lists its industry as Child Care Services. It was approved for an SBA 7(a) loan of $1,214,000 for a change of ownership on September 29, 2025.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
- Gross approval
- $1,214,000
- SBA-guaranteed amount
- $910,500 (75% of the approval)
- Lender
- Columbia Bank, Lake Oswego, OR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 29, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,188 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Pierce County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Washington: $1,784,595.
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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