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Children’s Lighthouse of Cypress-Canyon Lakes West

Cypress, TX · Child Care Services · NAICS 624410

Children's Lighthouse of Cypress-Canyon Lakes West, located in Cypress, Texas, operates in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan of $2,656,000, approved on October 16, 2024, with T Bank, National Association as the lender and LiftFund, Inc. as the certified development company.

SBA 504 loan, approved Oct 16, 2024

$2,656,000 SBA portionCDC: LiftFund, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,656,000
Bank portion
$3,162,500
Estimated project size
$6,465,000 (estimated)
Estimated owner equity
$646,500 (estimated, about 10% of the project)
Bank lender
T Bank, National Association, Dallas, TX
CDC
LiftFund, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 16, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
33
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Children's Lighthouse Early Learning Schools
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-7
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 81% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Texas: $2,316,979.

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