SBA 7(a) Child Care Center Feasibility Study in Nevada

The SBA 7(a) book for child care centers in Nevada

The SBA 7(a) record for child care centers in Nevada runs to 60 loans and $64.0 million approved, counting FY2017 to FY2026 in Nevada. Half the Nevada loans sit at or below $675,100; the middle half of child care centers spans $374,375 up to $1.3 million. Next to child care centers nationally under SBA 7(a), Nevada shows a median ratio of 1.74x, which puts Nevada above the national figure for child care centers. Look first at 1.74x: it sets Nevada child care centers apart from both parent pages of Nevada. Across Nevada, 18.3% of the child care centers loans carry a franchise flag, and the rest do not.

By number of loans, Nevada sits at rank 30 among states for 7(a) loans to child care centers, and the class stands 10 of 39 among the classes in Nevada. Approvals in Nevada peaked in FY2020 at 8 loans worth $16.8 million, and FY2026 lists 6 loans worth $8.9 million. Nevada's 7(a) lending to child care is large per loan, and the ratio above marks it as the distinctive fact of this cell: neither the state's blended class page nor the national program page shows it. A 7(a) request can also bundle several uses, which the study has to untangle.

Most Nevada loans sit with Live Oak Banking Company, which holds 7 worth $18.7 million. Live Oak Banking Company opens SBA's list for Nevada child care centers; the 60 loans show holders past and present in Nevada, not how any lends. Geographically, Clark stands first with 46, Washoe second with 11, and Carson City third with 1. Smaller counts appear in Douglas 1 and Lyon 1.

Nevada outcomes: cancellations, charge-offs and code limits

Of the FY2017 to FY2024 Nevada approvals, a cancellation floor of 10.9%, and counting undisbursed loans changes nothing, so 10.9% is also the ceiling. Losses stay unprinted: Nevada's funded group is too thin, which says nothing about Nevada either way. A single code spans centers and in-home care, which leaves some Nevada loans in the cell as home operations of modest size. SBA-outside loans never appear in Nevada's file.

Testing a Nevada child care project

Under 7(a), one request can cover leasehold work, equipment, an existing center or working capital, so the Nevada study must say which. Families near Clark choose a center on location, hours and trust, so enrollment forecasts should come from counted competitors and their waiting lists, not from population alone. Wages decide the margin: show staffing ratios the license requires, turnover, and the tuition that parents in the area can bear. Open the books on first-year enrollment, then test payments on a $675,100 loan when classrooms fill slowly. A leased center leans less on the appraisal than an owned one, so the study should state which case applies.