5412 Real Estate LLC
5412 Real Estate LLC is a child care services business located in Birmingham, Alabama, in the NAICS category for child day care services. The company financed real estate or equipment through an SBA 504 loan of $1,136,000 approved on December 2, 2024, with Bank Five Nine as the partner bank and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Dec 2, 2024
$1,136,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,136,000
- Bank portion
- $1,384,500
- Estimated project size
- $2,800,556 (estimated)
- Estimated owner equity
- $280,056 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 2, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kiddie Academy
- Project location
- Shelby County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 11% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Alabama: $2,182,891.
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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