Step by Step Early Learning and Childcare Center
Step by Step Early Learning and Childcare Center is a child and youth services business in South Lake Tahoe, California, classified under NAICS code 624110. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,401,000, approved on August 21, 2026, through Servbank National Association with The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Aug 21, 2026
$1,401,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,401,000
- Bank portion
- $1,416,408
- Estimated project size
- $3,130,453 (estimated)
- Estimated owner equity
- $313,045 (estimated, about 10% of the project)
- Bank lender
- Servbank National Association, Oswego, IL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 21, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 624110, Child and Youth Services
- Project location
- El Dorado County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-4
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 18% of expansion loans in Child and Youth Services on this site.
- Average expansion loan in Child and Youth Services: $2,025,529.
- Average expansion loan in California: $2,161,468.
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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