SBA 504 Child Care Center Feasibility Study in Indiana

What Indiana records for SBA 504 child care center lending

Across FY2017 and FY2026, SBA backed 28 loans in the 504 program to child care center projects in Indiana, worth $33.4 million in gross dollars. Standing: 20 for the Indiana SBA 504 child care center approvals, and 6 of 39 across Indiana's own classes. Centre size: $1.0 million. Compared with child care center (SBA 504) loans nationwide, Indiana runs at 1.32x on that median, a heavier ticket size. From $591,250 up to $1.5 million sits half of the approvals across Indiana. Franchised applicants account for 28.6% of the 28 loans. Indiana child care center lending blends into its parents across 28 loans: nothing in Indiana clears the distinctness margin, so the lender, county and timing sections below carry what sets Indiana apart.

Who lends, where, and when for Indiana child care center projects

This certified development companies holding the most Indiana child care center loans are Indiana Statewide Certified Development Corporation with 17 loans worth $22.7 million. The Indiana child care center ranking tracks whoever holds each Indiana loan; the originator of those 17 loans can differ. By county, Hamilton with 8, Marion with 4, Lake with 3 and Allen with 2 lead the child care center approvals in Indiana. By year, Indiana child care center approvals peaked at 7 loans, worth $11.1 million, in FY2025, alongside FY2026 at 5 loans and $8.6 million; the series opened alongside 0 loans in FY2017.

Indiana: cancellations, charge-offs and one child care center coding limit

We hold back the Indiana child care center cancellation rate, because few Indiana loans sit in the cohort; read this Indiana gap as withheld, not as zero child care center cancellations. Losses get no rate for Indiana child care center: the FY2017 to FY2021 disbursed Indiana cohort holds too few loans, so the Indiana figure stays also withheld plus never means zero for child care center. Readers should take these Indiana rates as floors, not as final results. One coding limit applies Indiana child care center figures: in-home providers can't be separated from center-based care because the code also includes in-home child care, so Indiana's total can include each.

Testing an Indiana child care center loan application

With 504, an Indiana child care center project is financed in parts: a certified development company supplies one Indiana piece, a separate child care center lender supplies another, and the Indiana borrower supplies the rest; the child care center study should show how the combined Indiana structure is covered. Enrolment for an Indiana child care center depends on how many of children of care age and employed households nearby, beside existing capacity. Licensing standards on room ratios, playgrounds and security systems set child care center budgets in Indiana. Debt service coverage for Indiana child care center must be shown at the $1.0 million median and also near $1.5 million, the top end of the Indiana middle half, alongside a slower child care center scenario beside each. Appraisal of child care center real estate across Indiana rests on mature fill and the rent the net income carries. Indiana Statewide Certified Development Corporation's 17 loans show which Indiana child care center projects that lender has funded, yet say nothing about what Indiana Statewide Certified Development Corporation will ask of an Indiana child care center borrower; that remains for the lender to say.

Loan Analytics reads the 28 Indiana approvals as SBA's Indiana records, not a forecast for a given project; the study Daniel Smith, MAI, signs for a child care center tests Indiana conditions directly, and Indiana approvals assure nothing.