Main Street Registry

Stacey's Fun in the Sun 3 Pre-School Inc

Panama City, FL · Child Care Services · NAICS 624410

Stacey's Fun in the Sun 3 Pre-School Inc is a child care services business in Panama City, Florida, classified under NAICS 624410. It was financed with an SBA 7(a) loan for a change of ownership of $513,000, approved on June 27, 2024, through BankUnited, National Association.

SBA 7(a) loan, change of ownership, approved Jun 27, 2024

$513,000 approvedLender: BankUnited, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$513,000
SBA-guaranteed amount
$384,750 (75% of the approval)
Lender
BankUnited, National Association, Miami Lakes, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, fixed
Term
25 years (300 months)
Estimated maturity
June 27, 2049 (estimated, approval date plus term)
Estimated monthly payment
$4,218 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 28, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
45
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Bay County, FL
SBA district office
North Florida District Office
Congressional district
FL-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 4% 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