Main Street Registry

The Gift of Kids, Inc.

El Dorado Hills, CA · Elementary and Secondary Schools · NAICS 611110

The Gift of Kids, Inc. is a business in El Dorado Hills, California, in the elementary and secondary schools industry (NAICS 611110). It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,646,000, approved on August 7, 2024, through Wells Fargo Bank National Association with Capital Access Group, Inc. as the certified development company.

SBA 504 loan, approved Aug 7, 2024

$1,646,000 SBA portionCDC: Capital Access Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,646,000
Bank portion
$2,004,000
Estimated project size
$4,055,556 (estimated)
Estimated owner equity
$405,556 (estimated, about 10% of the project)
Bank lender
Wells Fargo Bank National Association, Sioux Falls, SD
CDC
Capital Access Group, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 7, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
El Dorado County, CA
SBA district office
Sacramento District Office
Congressional district
CA-4
Collateral
Yes

Estimated share of project by source

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

  • Larger than 40% of expansion loans in Elementary and Secondary Schools on this site.
  • Average expansion loan in Elementary and Secondary Schools: $2,129,925.
  • Average expansion loan in California: $2,161,468.

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 California