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Child Care Services: SBA acquisition loans in New York
10 SBA-financed business acquisitions in New York classified as Child Care Services, FY2024–FY2026. Median loan $788K. See which lenders did them.
- Acquisitions financed
- 10
- Total approved
- $11.3M
- Median loan
- $788K
- Middle half of loans
- $570K to $1.7M
- Median starting rate
- 9.62%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | New York Business Development Corporation | 3 | 30% | $660K | $1.9M |
| 2 | Live Oak Banking Company | 2 | 20% | $1.2M | $2.4M |
| 3 | The Huntington National Bank | 2 | 20% | $996K | $2.0M |
| 4 | Customers Bank | 1 | 10% | $3.2M | $3.2M |
| 5 | FinWise Bank | 1 | 10% | $985K | $985K |
| 6 | Beacon Bank and Trust | 1 | 10% | $826K | $826K |
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.