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Child Care Services: SBA acquisition loans in Massachusetts
14 SBA-financed business acquisitions in Massachusetts classified as Child Care Services, FY2024–FY2026. Median loan $249K. See which lenders did them.
- Acquisitions financed
- 14
- Total approved
- $6.4M
- Median loan
- $249K
- Middle half of loans
- $88K to $662K
- Median starting rate
- 8.75%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Santander Bank, National Association | 7 | 50% | $250K | $2.5M |
| 2 | The Millyard Bank | 2 | 14% | $860K | $1.7M |
| 3 | Eastern Bank | 2 | 14% | $158K | $316K |
| 4 | Live Oak Banking Company | 1 | 7% | $1.6M | $1.6M |
| 5 | Cornerstone Bank | 1 | 7% | $248K | $248K |
| 6 | Rockland Trust Company | 1 | 7% | $95K | $95K |
For comparison, the same industry nationwide: 357 loans, median $774K, median starting rate 9.25%. See Child Care Services in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.