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Childrens Lighthouse of Spring

Spring, TX · Child Care Services · NAICS 624410

Childrens Lighthouse of Spring, located in Spring, Texas, operates in the child care services industry. It was financed through an SBA 504 loan, under which it financed real estate or equipment, with an SBA portion of $1,909,000 approved on March 4, 2025 through lender First Bank of the Lake and certified development company LiftFund, Inc.

SBA 504 loan, approved Mar 4, 2025

$1,909,000 SBA portionCDC: LiftFund, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,909,000
Bank portion
$2,331,500
Estimated project size
$4,711,667 (estimated)
Estimated owner equity
$471,167 (estimated, about 10% of the project)
Bank lender
First Bank of the Lake, Osage Beach, MO
CDC
LiftFund, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 4, 2050 (estimated, approval date plus term)
First disbursement
Jun 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Children's Lighthouse Early Learning Schools
Project location
Montgomery County, TX
SBA district office
Houston District Office
Congressional district
TX-8
Collateral
Yes

Estimated share of project by source

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

  • Larger than 53% 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