Main Street Registry

Shannon's Little Angels of the Carolinas, LLC

Charlotte, NC · Child Care Services · NAICS 624410

Shannon's Little Angels of the Carolinas, LLC is a child care services business in Charlotte, NC, in the child care services industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,203,100, approved on February 18, 2026, through TowneBank. The loan is reported with 20 jobs.

SBA 7(a) loan, change of ownership, approved Feb 18, 2026

$1,203,100 approvedLender: TowneBank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,203,100
SBA-guaranteed amount
$902,325 (75% of the approval)
Lender
TowneBank, Portsmouth, VA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
February 18, 2036 (estimated, approval date plus term)
Estimated monthly payment
$15,568 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 5, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Mecklenburg County, NC
SBA district office
North Carolina District Office
Congressional district
NC-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 49% of acquisition loans in Child Care Services on this site.
  • Average acquisition loan in Child Care Services: $1,662,827.
  • Average acquisition loan in North Carolina: $1,952,444.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina