Child Care Center Feasibility Study in the Palm Bay-Melbourne-Titusville, FL Metro Area

Large child care loans around Palm Bay

Child care is 2 of 39 asset classes in the Palm Bay-Melbourne-Titusville area, and a location quotient of 2.56x puts its share of local lending well above the national share. SBA lists 46 loans for FY2017 to FY2026 with $45.9 million approved. A median of $742,350 comes to 1.64x the figure nationally, bounded by $422,000 and $1.5 million at the quartile edges. Brevard County, FL carries all 46, and the metro is 45 of 493 across metro and micro areas.

Program mix and a coding limit

Program tallies show 36 loans in 7(a) and 10 in 504, so 10 of the 46 loans are SBA 504. Franchise share stays blank in Palm Bay: Loan Analytics withholds values resting on too few loans. Brevard's in-home providers sit among the 46 loans beside the centers, and the data gives no way to pull the two groups apart.

Holder and years

American Momentum Bank is the one listed 7(a) holder, with 8 loans and $3.8 million, per SBA's holder field; the count is not a statement of the bank's credit practice. FY2019 had 9 loans and $8.8 million, FY2020 had 6 and $5.8 million, FY2021 had 6 and $6.3 million, FY2023 had 5 and $4.8 million, FY2025 had 5 and $6.2 million, and FY2026 has 7 and $5.2 million. FY2017, FY2018, FY2022 and FY2024 are withheld by Loan Analytics because each rests on a cohort too small to show; none of them is zero.

What stays blank

Brevard lacks any cancellation or charge-off percentage, and the gaps are not zeros. All of the area's loans come from Brevard County, whose name is what links them to the metro on the 2023 list.

What a Brevard child care study has to test

With medians near three-quarters of a million dollars, the study needs a real facility plan: land or lease, building size, outdoor space, and compliance with licensing rules. Counting children in each age band near the site, and the licensed centers already serving them, comes next. Test staffing ratios, wage pressure and a staged enrollment ramp, run coverage at $742,350 and near $1.5 million, and ask the appraiser to separate the property from the licensed operation. Because all 46 loans sit in Brevard County, a study there compares against one county's record, with $742,350 as the median to test against and $422,000 as the lower quartile edge.