Main Street Registry

Harmon Oaks Noho West

Los Angeles, CA · Child Care Services · NAICS 624410

Harmon Oaks Noho West is a child care services business in Los Angeles, California, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan of $1,221,000, approved on June 27, 2024, with Cathay Bank as the participating bank and San Fernando Valley Small Business Development Corporation as the certified development company.

SBA 504 loan, approved Jun 27, 2024

$1,221,000 SBA portionCDC: San Fernando Valley Small Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,221,000
Bank portion
$1,205,000
Estimated project size
$2,695,556 (estimated)
Estimated owner equity
$269,556 (estimated, about 10% of the project)
Bank lender
Cathay Bank, Los Angeles, CA
CDC
San Fernando Valley Small Business Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
June 27, 2049 (estimated, approval date plus term)
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 16% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • 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