Kids First of Richmond Group LLC
Kids First of Richmond Group LLC is a child care services business in Richmond, Kentucky, operating in the child care services industry (NAICS 624410). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,348,000, approved on January 23, 2026, through lender FWBank.
SBA 7(a) loan, change of ownership, approved Jan 23, 2026
$1,348,000 approvedLender: FWBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,348,000
- SBA-guaranteed amount
- $1,011,000 (75% of the approval)
- Lender
- FWBank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $11,312 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 19, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Madison County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Kentucky: $1,988,993.
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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