Main Street Registry

KPG Real Estate XIII, LLC

Oakbrook Terrace, IL · Child Care Services · NAICS 624410

KPG Real Estate XIII, LLC, located in Oakbrook Terrace, Illinois, operates in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan of $1,785,000, approved on October 6, 2023, through lender Bank Five Nine with Small Business Growth Corporation as the certified development company.

SBA 504 loan, approved Oct 6, 2023

$1,785,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,785,000
Bank portion
$2,180,500
Estimated project size
$4,406,111 (estimated)
Estimated owner equity
$440,611 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 6, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Kiddie Academy
Project location
Dupage County, IL
SBA district office
Illinois District Office
Congressional district
IL-5
Collateral
Yes

Estimated share of project by source

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

  • Larger than 49% of expansion loans in Child Care Services on this site.
  • Average expansion loan in Child Care Services: $1,977,874.
  • Average expansion loan in Illinois: $2,310,827.

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 Illinois