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Strawberry Patch Day Care Center, Inc.

Brooklyn, NY · Child Care Services · NAICS 624410

Strawberry Patch Day Care Center, Inc. is a child care services business located in Brooklyn, New York, classified under NAICS code 624410. The company was financed with an SBA 7(a) loan for a change of ownership of $2,254,000, approved on July 24, 2025, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jul 24, 2025

$2,254,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,254,000
SBA-guaranteed amount
$1,690,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
July 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$18,531 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Kings County, NY
SBA district office
New York District Office
Congressional district
NY-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 77% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in New York: $1,771,512.

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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