Kiddie Academy of Haymarket
Kiddie Academy of Haymarket is a child care services business located in Haymarket, Virginia, classified under NAICS code 624410. The business was approved for an SBA 504 loan of $2,563,000, which financed real estate or equipment through an SBA 504 loan, with Bank Five Nine as the lender and 504 Capital Corporation as the certified development company, with approval dated December 21, 2023.
SBA 504 loan, approved Dec 21, 2023
$2,563,000 SBA portionCDC: 504 Capital Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,563,000
- Bank portion
- $3,684,000
- Estimated project size
- $6,941,111 (estimated)
- Estimated owner equity
- $694,111 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 21, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Prince William County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-10
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 79% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Virginia: $1,938,955.
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 Virginia
- Badam Childcare Inc., Centreville
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