Tulip Kids Academy
Tulip Kids Academy is a child care services business in San Jose, California, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan of $1,793,000, with Western Alliance Bancorporation as the bank lender and Southland Economic Development Corporation as the certified development company, with approval dated May 29, 2025.
SBA 504 loan, approved May 29, 2025
$1,793,000 SBA portionCDC: Southland Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,793,000
- Bank portion
- $3,378,000
- Estimated project size
- $5,745,556 (estimated)
- Estimated owner equity
- $574,556 (estimated, about 10% of the project)
- Bank lender
- Western Alliance Bancorporation, Phoenix, AZ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 29, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-18
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 50% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- 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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