Child Care Center Feasibility Study in the Charleston-North Charleston, SC Metro Area

What the Charleston-North Charleston record shows for child care centers

In Charleston-North Charleston, child care loans run large: the median is 2.71x the national median, and the location quotient of 1.42x adds that the class is also heavier locally than nationally. For child care centers, the Charleston-North Charleston, SC total is 30 loans and $50.9 million over FY2017 to FY2026. Among Charleston-North Charleston classes it ranks 5 of 39; against areas nationwide, Charleston-North Charleston, SC ranks 59 of 493. Charleston-North Charleston lending leans toward child care centers, with the location quotient at 1.42x. Set against the national median, Charleston-North Charleston, SC's median of $1.2 million comes to 2.71x, a larger loan than the norm elsewhere.

Loans in the middle half sit between $524,625 and $2.0 million. A plan priced below $524,625 would be among the smaller Charleston-North Charleston loans on record. The 504 program holds 8 Charleston-North Charleston loans, against 22 under 7(a). 26.7% of the Charleston-North Charleston loans carry a franchise flag. The $1.2 million median is the first yardstick. $524,625 to $2.0 million is the usual spread. Name the brand path early. The program counts guide the structure choice. In-home child care and centers are coded together, so the figures cannot isolate centers.

Who holds the Charleston-North Charleston loans, and when

The SBA 7(a) holder list names Pinnacle Bank (TN), 5 loans and $8.0 million. SBA's Charleston-North Charleston table shows who holds each loan. Nothing in it describes anyone's standards. County counts read Charleston County, SC 20. Printed years: FY2018 with 7 loans and $9.9 million. The rest are not printed. Small Charleston-North Charleston counts explain the gaps. None of them is a zero. These scattered years establish no direction. The record helps frame a Charleston-North Charleston request. The plan still needs its own evidence.

Testing a child care center project in Charleston-North Charleston

Cancellation and charge-off rates: none for Charleston-North Charleston child care centers. The cohort is under Loan Analytics' floor. Loss history cannot be cited. An area is a 2023 county group. Loans reach an area via county. Counties are matched on name. Loans without a match drop out. Charleston-North Charleston shows $50.9 million across 30 loans. Totals do not replace a study. The study behind a child care center loan request in Charleston-North Charleston should test debt coverage while enrollment builds, children in the trade area, licensing and inspection, tuition against payroll and ratios, staff-to-child ratios, playground and safety cost against the $1.2 million median, centers already serving them, and the value of the center and premises. These figures forecast nothing for child care center borrowers. Every request is judged separately.