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JTJ Preschool 1 Inc

Fort Lauderdale, FL · Child Care Services · NAICS 624410

JTJ Preschool 1 Inc is a child care services business in Fort Lauderdale, Florida, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,128,000, approved on March 28, 2024, with Regions Bank as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Mar 28, 2024

$1,128,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,128,000
Bank portion
$1,375,000
Estimated project size
$2,781,111 (estimated)
Estimated owner equity
$278,111 (estimated, about 10% of the project)
Bank lender
Regions Bank, Birmingham, AL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 28, 2049 (estimated, approval date plus term)
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes

Estimated share of project by source

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

  • Larger than 10% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Florida: $2,058,496.

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