Maay Daycare Inc.
Maay Daycare Inc. is located in Orlando, FL, and the SBA lists its industry as Child Care Services. It was approved for an SBA 504 loan ($2,269,000 SBA portion) on November 19, 2024 to finance real estate or equipment. This registry lists 2 loans for the company.
SBA 504 loan, approved Nov 19, 2024
- SBA (CDC) portion
- $2,269,000
- Bank portion
- $3,651,200
- Estimated project size
- $6,578,000 (estimated)
- Estimated owner equity
- $657,800 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 19, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kids 'R' Kids
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-7
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 67% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Florida: $2,058,496.
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.
SBA 7(a) loan, change of ownership, approved Nov 8, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 8, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,334 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 6, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Kids 'R' Kids
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Child Care Services: $1,662,827.
- Average acquisition loan in Florida: $1,808,559.
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 Florida
- The Reading Corner Clearwater Org Inc, Clearwater
- Valcruz Education LLC, Tampa
- Tiniciti Preschool, Miami
- Ace Learning Center LLC, Middleburg
- Jet Set Academy Limited Liability Company, Belle Glade
- Adya Apollo Beach LLC, Apollo Beach
- Children's University Jensen LLC, Jensen Beach
- Malvers-Bryant LLC, Sarasota