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Metropolitan Daycare, LLC

Tallahassee, FL · Child Care Services · NAICS 624410

Metropolitan Daycare, LLC is a child care services business in Tallahassee, Florida, classified under NAICS code 624410. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,126,000, with a total project amount of $3,101,000, through Pinnacle Bank and Florida First Capital Finance Corporation, Inc., with approval dated January 21, 2025.

SBA 504 loan, approved Jan 21, 2025

$2,126,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,126,000
Bank portion
$3,101,000
Estimated project size
$5,807,778 (estimated)
Estimated owner equity
$580,778 (estimated, about 10% of the project)
Bank lender
Pinnacle Bank, Nashville, TN
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 21, 2050 (estimated, approval date plus term)
First disbursement
Apr 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
40
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Leon County, FL
SBA district office
North Florida District Office
Congressional district
FL-2
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 61% 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.

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Same industry in Florida