Main Street Registry

Inspired Kids Academy

Van Meter, IA · Child and Youth Services · NAICS 624110

Inspired Kids Academy in Van Meter, Iowa, operates in the child and youth services industry (NAICS 624110). The business financed real estate or equipment through an SBA 504 loan of $1,128,000, approved on April 23, 2026, with Lincoln Savings Bank as the lender and Dakota Business Finance as the certified development company.

SBA 504 loan, approved Apr 23, 2026

$1,128,000 SBA portionCDC: Dakota Business Finance25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,128,000
Bank portion
$1,096,200
Estimated project size
$2,471,333 (estimated)
Estimated owner equity
$247,133 (estimated, about 10% of the project)
Bank lender
Lincoln Savings Bank, Reinbeck, IA
CDC
Dakota Business Finance
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
April 23, 2051 (estimated, approval date plus term)
First disbursement
Aug 12, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
29
Business type
Corporation
NAICS
624110, Child and Youth Services
Project location
Dallas County, IA
SBA district office
Des Moines District Office
Congressional district
IA-3
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 6% 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 Iowa: $1,994,971.

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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