Main Street Registry

Children's Lighthouse of Woodland Springs

Fort Worth, TX · Child and Youth Services · NAICS 624110

Children's Lighthouse of Woodland Springs is a child and youth services business in Fort Worth, Texas, in the industry classified as Child and Youth Services (NAICS 624110). It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,863,000, approved on November 2, 2023, through First Financial Bank and Capital Certified Development Corporation.

SBA 504 loan, approved Nov 2, 2023

$1,863,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,863,000
Bank portion
$2,274,875
Estimated project size
$4,597,639 (estimated)
Estimated owner equity
$459,764 (estimated, about 10% of the project)
Bank lender
First Financial Bank, Abilene, TX
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 2, 2048 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
30
Business type
Corporation
NAICS
624110, Child and Youth Services
Franchise
Children's Lighthouse Early Learning Schools
Project location
Tarrant County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-12
Collateral
Yes

Estimated share of project by source

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

  • Larger than 53% of expansion loans in Child and Youth Services on this site.
  • Average expansion loan in Child and Youth Services: $2,025,529.
  • 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