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Shumway LLC

Eatonville, WA · Child Care Services · NAICS 624410

Shumway LLC is a child care services business located in Eatonville, Washington, in the child care services industry (NAICS 624410). The business was financed with an SBA 7(a) loan for a change of ownership of $1.214 million, approved on September 29, 2025, through Columbia Bank.

SBA 7(a) loan, change of ownership, approved Sep 29, 2025

$1,214,000 approvedLender: Columbia Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,214,000
SBA-guaranteed amount
$910,500 (75% of the approval)
Lender
Columbia Bank, Lake Oswego, OR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
September 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,188 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
624410, Child Care Services
Project location
Pierce County, WA
SBA district office
Seattle District Office
Congressional district
WA-08
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 Washington: $1,784,595.

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 Washington