Main Street Registry

Little Joyful Learners LLC

Mount Vernon, WA · Child Care Services · NAICS 624410

Little Joyful Learners LLC is a child care services business in Mount Vernon, Washington, classified under NAICS 624410 (Child Day Care Services). The business was financed with an SBA 7(a) loan for a change of ownership of $931,000 from Peoples Bank, with a lender approval date of September 21, 2026.

SBA 7(a) loan, change of ownership, approved Sep 21, 2026

$931,000 approvedLender: Peoples Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$931,000
SBA-guaranteed amount
$698,250 (75% of the approval)
Lender
Peoples Bank, Bellingham, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.99%, variable
Term
10 years (120 months)
Estimated maturity
September 21, 2036 (estimated, approval date plus term)
Estimated monthly payment
$10,805 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
24
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Skagit County, WA
SBA district office
Seattle District Office
Congressional district
WA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 34% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Washington: $1,784,595.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Washington