Childcare of Glendale LLC
Childcare of Glendale LLC is a child care services business in Glendale, Arizona, classified under NAICS 624410. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,200,000, approved by Live Oak Banking Company on May 23, 2025, and the loan is part of a Kiddie Academy franchise.
SBA 7(a) loan, change of ownership, approved May 23, 2025
$1,200,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,200,000
- SBA-guaranteed amount
- $900,000 (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
- 8.2%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,686 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 31
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kiddie Academy
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Arizona: $1,690,811.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Arizona
- Mekhanik Real Estate Holdings, LLC., Gilbert
- Forever Learning Santan, LLC, Gilbert
- Maple Bear Scottsdale LLC, Tempe
- Aldea Montessorri, Inc., Phoenix
- Spondeo Preschool, L.L.C., Gilbert
- KVBV Enterprises, LLC, Chandler
- Journey School of Peoria, Peoria
- 1st Step to Greatness, LLC, Phoenix