Badam Childcare Inc.
Badam Childcare Inc. is a child care services business in Centreville, Virginia, operating under the Kiddie Academy franchise, classified under NAICS 624410. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,975,000 from Live Oak Banking Company, approved February 24, 2026. The loan reports 18 jobs.
SBA 7(a) loan, change of ownership, approved Feb 24, 2026
$1,975,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,975,000
- SBA-guaranteed amount
- $1,481,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.35%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $23,289 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kiddie Academy
- Project location
- Fairfax County, VA
- SBA district office
- Washington District Office
- Congressional district
- VA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Virginia: $1,860,760.
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 Virginia
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