Main Street Registry

The Baby Bathwater Institute, LLC

Boulder, CO · All Other Amusement and Recreation Industries · NAICS 713990

The Baby Bathwater Institute, LLC, located in Boulder, CO, operates in the All Other Amusement and Recreation Industries (NAICS 713990). The company was financed with an SBA 7(a) loan for a change of ownership of $960,000, approved on June 13, 2024 by Byline Bank.

SBA 7(a) loan, change of ownership, approved Jun 13, 2024

$960,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$960,000
SBA-guaranteed amount
$720,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
June 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$13,360 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
713990, All Other Amusement and Recreation Industries
Project location
Boulder County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 35% of acquisition loans in All Other Amusement and Recreation Industries on this site.
  • Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado