Main Street Registry

Little Friends Gan LLC

Far Rockaway, NY · Child Care Services · NAICS 624410

Little Friends Gan LLC is a child care services business in Far Rockaway, New York, in the industry described as Child Care Services (NAICS 624410). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $985,000, with FinWise Bank as the lender and an approval date of June 22, 2026. The loan reports 17 jobs.

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

$985,000 approvedLender: FinWise Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$985,000
SBA-guaranteed amount
$738,750 (75% of the approval)
Lender
FinWise Bank, Murray, UT
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
June 22, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,746 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Queens County, NY
SBA district office
New York District Office
Congressional district
NY-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 39% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in New York: $1,771,512.

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 New York