SBA lending record
Read To Learn Academy Inc
1600 JESSUP ST and 1601 N PINE STREET, Wilmington, DE 19802 · Child Day Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.7M
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Read To Learn Academy Inc your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$2,722,000 — FY2020
- Gross approval
- $2,722,000
- SBA guaranteed
- $2,041,500 (75%)
- Status
- Paid in full
- Rate at approval
- 7.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/27/2019
- First disbursement
- 6/30/2020
- Days to fund
- 216 days
- Paid in full
- 3/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Child Day Care Services
- NAICS code
- 624410
- Lender
- Beacon Bank and Trust
- Address
- 1600 JESSUP ST and 1601 N PINE STREET
- City
- Wilmington, 19802
- County
- New Castle
- SBA district office
- DELAWARE DISTRICT OFFICE
- Congressional district
- 0
The lender
Find SBA lenders for businesses like this
The banks most active funding child day care services — by location, industry.
Similar businesses
Comparable child day care services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
The Philadelphia Preschool Connection, LLC
Philadelphia, PA· ~23 mi
Child Day Care Services
- $2.6M
- SBA financing
- ≈ $5.0M–$8.4M
- Est. revenue (rough)
Harris Education LLC
West Chester, PA· ~15 mi
Child Day Care Services
- $2.2M
- SBA financing
- ≈ $4.2M–$7.1M
- Est. revenue (rough)
Sunny side Learning Center LLC
Christiana, DE· ~9 mi
Child Day Care Services
- $1.2M
- SBA financing
- ≈ $2.3M–$3.9M
- Est. revenue (rough)
Promise & Possibilities Learning Academy, LLC
Philadelphia, PA· ~22 mi
Child Day Care Services
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
SPG School LLC
Philadelphia, PA· ~24 mi
The Goddard School
- $3.3M
- SBA financing
- ≈ $6.5M–$11M
- Est. revenue (rough)
Nana's Daycare LLC
Philadelphia, PA· ~30 mi
Child Day Care Services
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Read To Learn Academy Inc in Wilmington, DE (Child Day 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.
- 1 SBA 7(a) loan totaling $2.7M
- On record FY2020
- 2 jobs supported
- Industry: Child Day Care Services
- Location: Wilmington, DE
- Lender: Beacon Bank and Trust
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Child Day Care Services businesses in DE for ~$2.7M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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.
Is Read To Learn Academy Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
Use this deal in ChatGPT
Ask ChatGPT to analyze this business with Capbench's SBA loan records, lender-fit data, and buyer prequalification tools.
ChatGPT will ask you to connect Capbench if you have not already approved it.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Read To Learn Academy Inc.