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Karter School of Thornton LLC

Thornton, CO · Child Care Services · NAICS 624410

Karter School of Thornton LLC, located in Thornton, Colorado, operates in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,286,000, approved on November 22, 2023, through Business Finance Group, Inc. with Pinnacle Bank as the participating bank.

SBA 504 loan, approved Nov 22, 2023

$2,286,000 SBA portionCDC: Business Finance Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,286,000
Bank portion
$2,686,501
Estimated project size
$5,525,001 (estimated)
Estimated owner equity
$552,500 (estimated, about 10% of the project)
Bank lender
Pinnacle Bank, Nashville, TN
CDC
Business Finance Group, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 22, 2048 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
40
Business type
LLC or partnership
NAICS
624410, Child Care Services
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-6
Collateral
Yes

Estimated share of project by source

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

  • Larger than 68% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Colorado: $2,096,252.

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 Colorado