SBA lending record

BASIC BEGINNINGS LEARNING & DEVELOPMENT CENTER, LLC

237 NECK RD, Haverhill, MA · Child Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$225K

Total SBA financing

Loans on record

FY2024–25

On record

Jobs supported

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All 3 loans

$50,000 — FY2025

Loan 1 of 3

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Current
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/12/2025
First disbursement: 3/26/2025
Days to fund: 14 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 17
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Child Care Services
NAICS code: 624410
Lender: Northeast Bank
Address: 237 Neck Rd
City: Haverhill
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 3

$50,000 — FY2025

Loan 2 of 3

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Cancelled
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/7/2025
Collateral: Required
Jobs supported: 17
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Child Care Services
NAICS code: 624410
Lender: Northeast Bank
Address: 237 Neck Rd
City: Bradford
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 3

$125,000 — FY2024

Loan 3 of 3

Gross approval: $125,000
SBA guaranteed: $62,500 (50%)
Status: Past due
Rate at approval: 11.5% v
Term: 69 mo (6 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/2/2023
First disbursement: 12/6/2023
Days to fund: 34 days
Collateral: Required
Jobs supported: 15
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Child Care Services
NAICS code: 624410
Lender: TD Bank, National Association
Address: 237 NECK RD
City: Haverhill
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 3

The lenders

Northeast Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

TD Bank, National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding child care services — by location, industry.

SBA lenders in Massachusetts Lenders for child care services Child Care Services lenders in Massachusetts

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Comparable child care services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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Agent summary

This page summarizes the public SBA 7(a) lending record for BASIC BEGINNINGS LEARNING & DEVELOPMENT CENTER, LLC in Haverhill, MA (Child Care Services). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

3 SBA 7(a) loans totaling $225K
On record FY2024–25
49 jobs supported
Industry: Child Care Services
Location: Haverhill, MA
Lenders: Northeast Bank, TD Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Child Care Services businesses in MA for ~$75k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/basic-beginnings-learning-development-center-llc-ma
API:: https://www.capbench.com/api/public/businesses/basic-beginnings-learning-development-center-llc-ma
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with BASIC BEGINNINGS LEARNING & DEVELOPMENT CENTER, LLC.