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Super Kidz West Palm Beach LLC

West Palm Beach, FL · Child Care Services · NAICS 624410

Super Kidz West Palm Beach LLC is a child care services business in West Palm Beach, Florida, classified under NAICS code 624410. The company was financed with an SBA 7(a) loan for a change of ownership totaling $800,000, approved on December 9, 2023 through Beacon Bank and Trust.

SBA 7(a) loan, change of ownership, approved Dec 9, 2023

$800,000 approvedLender: Beacon Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$800,000
SBA-guaranteed amount
$600,000 (75% of the approval)
Lender
Beacon Bank and Trust, Brookline, MA
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
December 9, 2048 (estimated, approval date plus term)
Estimated monthly payment
$7,553 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 29% 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