Main Street Registry

Caroline's Promise Learning LLC

Spring, TX · Child and Youth Services · NAICS 624110

Caroline's Promise Learning LLC is a child and youth services business in Spring, Texas, in the industry described as Child and Youth Services. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $4,810,000 from Live Oak Banking Company, approved on April 17, 2026. The loan is associated with a franchise, Ivy Kids Early Learning Center.

SBA 7(a) loan, change of ownership, approved Apr 17, 2026

$4,810,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,810,000
SBA-guaranteed amount
$3,607,500 (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
7.25%, variable
Term
25 years (300 months)
Estimated maturity
April 17, 2051 (estimated, approval date plus term)
Estimated monthly payment
$34,767 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
624110, Child and Youth Services
Franchise
Ivy Kids Early Learning Center
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Child and Youth Services: $3,260,222.
  • Average acquisition loan in Texas: $1,944,682.

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 Texas