Rising Stars Holding Middleton LLC
Rising Stars Holding Middleton LLC is a child care services business in Madison, Wisconsin, classified under NAICS 624410. The company financed real estate or equipment through an SBA 504 loan of $2,116,000 approved on January 24, 2024, with Oak Bank as the lender and WBD, Inc. as the certified development company. The business is a franchise of The Goddard School and reported 37 jobs in the loan record.
SBA 504 loan, approved Jan 24, 2024
$2,116,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,116,000
- Bank portion
- $2,219,000
- Estimated project size
- $4,816,667 (estimated)
- Estimated owner equity
- $481,667 (estimated, about 10% of the project)
- Bank lender
- Oak Bank, Fitchburg, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 24, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 37
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- The Goddard School
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-2
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% 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 Wisconsin: $2,095,135.
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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