Main Street Registry

Kids R Kids of Las Colinas

Irving, TX · Child Care Services · NAICS 624410

Kids R Kids of Las Colinas is a child care services business located in Irving, Texas, operating in the child care services industry (NAICS 624410). The company was financed through an SBA 504 loan, which financed real estate or equipment, with an SBA portion of $2,001,000 approved by Greater East Texas Certified Development Company with Fifth Third Bank as the partner lender on September 30, 2024.

SBA 504 loan, approved Sep 30, 2024

$2,001,000 SBA portionCDC: Greater East Texas Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,001,000
Bank portion
$2,443,500
Estimated project size
$4,938,333 (estimated)
Estimated owner equity
$493,833 (estimated, about 10% of the project)
Bank lender
Fifth Third Bank, Cincinnati, OH
CDC
Greater East Texas Certified Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 30, 2049 (estimated, approval date plus term)
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Kids 'R' Kids
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-24
Collateral
Yes

Estimated share of project by source

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

  • Larger than 56% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • 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