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Kids Corner Child Care Center, Inc.

Auburn, WA · Child Care Services · NAICS 624410

Kids Corner Child Care Center, Inc. is a child care services business in Auburn, Washington, classified under NAICS code 624410. The business was financed with an SBA 504 loan, which is used for real estate or equipment, with an SBA portion of $2,138,000 and a lender of KeyBank National Association, and the loan was approved on May 2, 2024.

SBA 504 loan, approved May 2, 2024

$2,138,000 SBA portionCDC: Evergreen Business Capital25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,138,000
Bank portion
$2,464,900
Estimated project size
$5,114,333 (estimated)
Estimated owner equity
$511,433 (estimated, about 10% of the project)
Bank lender
KeyBank National Association, Cleveland, OH
CDC
Evergreen Business Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 2, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
14
Business type
Corporation
NAICS
624410, Child Care Services
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-8
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 63% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Washington: $2,234,716.

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 Washington