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Brilliant Horizons Early Learning LLC

San Jose, CA · Elementary and Secondary Schools · NAICS 611110

Brilliant Horizons Early Learning LLC is located in San Jose, CA, and the SBA lists its industry as Elementary and Secondary Schools. It was approved for an SBA 7(a) loan of $2,241,000 for a change of ownership on May 21, 2024.

SBA 7(a) loan, change of ownership, approved May 21, 2024

Gross approval
$2,241,000
SBA-guaranteed amount
$1,680,750 (75% of the approval)
Lender
Plumas Bank, Quincy, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, fixed
Term
10 years (120 months)
Estimated maturity
May 21, 2034 (estimated, approval date plus term)
Estimated monthly payment
$27,486 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Santa Clara County, CA
SBA district office
San Francisco District Office
Congressional district
CA-19
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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 California