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RL & N Real Estate LLC

Beavercreek, OH · Child Care Services · NAICS 624410

RL & N Real Estate LLC, located in Beavercreek, Ohio, operates in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,181,000, approved on February 10, 2025, through The State Bank and Trust Company and Community Capital Development Corporation.

SBA 504 loan, approved Feb 10, 2025

$1,181,000 SBA portionCDC: Community Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,181,000
Bank portion
$1,441,000
Estimated project size
$2,913,333 (estimated)
Estimated owner equity
$291,333 (estimated, about 10% of the project)
Bank lender
The State Bank and Trust Company, Defiance, OH
CDC
Community Capital Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
February 10, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Greene County, OH
SBA district office
Columbus District Office
Congressional district
OH-10
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 15% 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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Same industry in Ohio