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Sandersonkane Holdings, LLC

York, PA · Child Care Services · NAICS 624410

Sandersonkane Holdings, LLC is a child care services business located in York, Pennsylvania, in the child care services industry (NAICS 624410). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,785,000, approved on May 9, 2025 through Meridian Bank.

SBA 7(a) loan, change of ownership, approved May 9, 2025

$1,785,000 approvedLender: Meridian Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,785,000
SBA-guaranteed amount
$1,338,750 (75% of the approval)
Lender
Meridian Bank, Malvern, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
May 9, 2050 (estimated, approval date plus term)
Estimated monthly payment
$14,980 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
624410, Child Care Services
Project location
York County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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 Pennsylvania