Main Street Registry

KA Great Minds West LLC

Katy, TX · Child and Youth Services · NAICS 624110

KA Great Minds West LLC is a child and youth services business in Katy, Texas, in the child and youth services industry. The company financed real estate or equipment through an SBA 504 loan of $2.9 million, with Bank of America, National Association as the bank lender and Capital Certified Development Corporation as the certified development company, approved on November 18, 2023. The loan is associated with the Kiddie Academy franchise.

SBA 504 loan, approved Nov 18, 2023

$2,864,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,864,000
Bank portion
$3,426,920
Estimated project size
$6,989,911 (estimated)
Estimated owner equity
$698,991 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 18, 2048 (estimated, approval date plus term)
First disbursement
Feb 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
31
Business type
Corporation
NAICS
624110, Child and Youth Services
Franchise
Kiddie Academy
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-10
Collateral
Yes

Estimated share of project by source

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

  • Larger than 82% 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 Texas: $2,316,979.

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 Texas