Vagheesha, LLC
Vagheesha, LLC is located in Irving, TX, and the SBA lists its industry as Child Care Services. It was approved for an SBA 7(a) loan of $970,000 for a change of ownership on November 6, 2024.
SBA 7(a) loan, change of ownership, approved Nov 6, 2024
- Gross approval
- $970,000
- SBA-guaranteed amount
- $727,500 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,769 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 18, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- LLC or partnership
- NAICS
- 624410, Child Care Services
- Franchise
- Kids 'R' Kids
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-24
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 37% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Texas: $1,944,682.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Texas
- GHL Holdings LLC, Magnolia
- Legacy of Learning, LLC, Austin
- MRM Farmersville Investments LLC, Farmersville
- Legacy Daycare LLC, Houston
- SallyMark LLC, Dallas
- Tiny Palates Collaborate LLC, Frisco
- Ameya Learning Holdings LLC, Lewisville
- Million Stars Ventures LLC, Sugar Land