ECOLE 360 Palatine
ECOLE 360 Palatine, located in Palatine, Illinois, is listed in the child care services industry (NAICS 624410). The business was approved for an SBA 504 loan of $1,749,000 from Barrington Bank & Trust Company, National Association, through Small Business Growth Corporation, with an approval date of March 20, 2026, and the company financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Mar 20, 2026
- SBA (CDC) portion
- $1,749,000
- Bank portion
- $2,125,000
- Estimated project size
- $4,304,444 (estimated)
- Estimated owner equity
- $430,444 (estimated, about 10% of the project)
- Bank lender
- Barrington Bank & Trust Company, National Association, Barrington, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 20, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 46% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Illinois: $2,310,827.
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 Illinois
- Lu's Garden Childcare and Learning Center LLC, Crete
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- Mokena Early Learning Group LLC, Mokena
- Childrens Garden Inc., Carlinville
- The Goddard School of Elgin, Elgin
- Kiddie's Play Group XI, LLC, Elmhurst
- Kiddie's Play Group III, LLC, Naperville