M&M 6744Yankee LLC
M&M 6744Yankee LLC, located in Middletown, OH, operates in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan of $1,139,000 from Peoples Bank, with the loan approved on September 18, 2024, and the company reports 44 jobs.
SBA 504 loan, approved Sep 18, 2024
$1,139,000 SBA portionCDC: Alloy Development Co., Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,139,000
- Bank portion
- $1,383,950
- Estimated project size
- $2,803,278 (estimated)
- Estimated owner equity
- $280,328 (estimated, about 10% of the project)
- Bank lender
- Peoples Bank, Marietta, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 18, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 44
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Montessori Kids Universe
- Project location
- Butler County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 12% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Ohio: $2,096,556.
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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