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Legacy of Learning, LLC

Austin, TX · Child Care Services · NAICS 624410

Legacy of Learning, LLC, located in Austin, Texas, operates in the child care services industry (NAICS 624410). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $621,000, approved by Merchants & Marine Bank with an approval date of September 22, 2026. The loan is reported as a franchise location, with 48 jobs listed.

SBA 7(a) loan, change of ownership, approved Sep 22, 2026

$621,000 approvedLender: Merchants & Marine Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$621,000
SBA-guaranteed amount
$465,750 (75% of the approval)
Lender
Merchants & Marine Bank, Pascagoula, MS
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
September 22, 2036 (estimated, approval date plus term)
Estimated monthly payment
$7,867 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
48
Business type
Corporation
NAICS
624410, Child Care Services
Franchise
Kids 'R' Kids
Project location
Williamson County, TX
SBA district office
San Antonio District Office
Congressional district
TX-31
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 14% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Texas: $1,944,682.

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