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Bright Star Kids Spokane LLC

Everett, WA · Child Care Services · NAICS 624410

Bright Star Kids Spokane LLC is a child care services business located in Everett, Washington, classified under NAICS code 624410. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,250,000, approved on May 23, 2025, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved May 23, 2025

$3,250,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,250,000
SBA-guaranteed amount
$2,437,500 (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
8.11%, variable
Term
10 years (120 months)
Estimated maturity
May 23, 2035 (estimated, approval date plus term)
Estimated monthly payment
$39,621 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 87% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington