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Happy Little Crabs Child Care Corp 1

Miami, FL · Child Care Services · NAICS 624410

Happy Little Crabs Child Care Corp 1 is a child care services business located in Miami, Florida, classified under NAICS code 624410. It was financed with an SBA 7(a) loan for a change of ownership in the amount of $1.17 million, approved on September 18, 2025, through BayFirst National Bank.

SBA 7(a) loan, change of ownership, approved Sep 18, 2025

$1,170,000 approvedLender: BayFirst National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,170,000
SBA-guaranteed amount
$877,500 (75% of the approval)
Lender
BayFirst National Bank, Saint Petersburg, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
September 18, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,632 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-26
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 46% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida