Main Street Registry

Big Bear Academy Broward, Inc.

Davie, FL · Child Care Services · NAICS 624410

Big Bear Academy Broward, Inc. is a child care services business in Davie, Florida, in the child care services industry (NAICS 624410). It was financed with an SBA 7(a) loan for a change of ownership of $816,000, approved on June 10, 2025 by First Internet Bank of Indiana.

SBA 7(a) loan, change of ownership, approved Jun 10, 2025

$816,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$816,000
SBA-guaranteed amount
$612,000 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
June 10, 2035 (estimated, approval date plus term)
Estimated monthly payment
$10,784 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-23
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida