Little Geniuses Learning Center LLC
Little Geniuses Learning Center LLC is a child care services business in Midvale, Utah, operating under NAICS code 624410. The company was financed with an SBA 7(a) loan for a change of ownership of $518,800, approved by Mountain America FCU on August 25, 2025.
SBA 7(a) loan, change of ownership, approved Aug 25, 2025
$518,800 approvedLender: Mountain America FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $518,800
- SBA-guaranteed amount
- $389,100 (75% of the approval)
- Lender
- Mountain America FCU, Sandy, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,091 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 4% of acquisition loans in Child Care Services on this site.
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Utah: $1,761,092.
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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