SBA Loans for Child Day Care Services: Top Lenders & Recent Approvals

NAICS 624

NAICS 624 covers child day care services businesses. Based on historical SBA 7(a) lending data.

Total Approvals

1,407

for Child Day Care Services

Median Loan Size

$320,000

per approval

Recent Activity

113

last 90 days through Dec 2025

NAICS 624 covers child day care services businesses. This is one of the more actively funded industries through SBA 7(a) lending, with 1,407 approvals on record and a median loan size of $320,000.

Key trends & insights

  • THE Huntington National Bank leads this industry with 84 approvals (16% market share) and a median loan of $60,000.
  • The typical loan size for child day care services has decreased 32% — average median moving from $402,483 to $272,717.
  • Loan sizes vary dramatically by location — the median in Georgia ($931,400) is 13.7x higher than Ohio ($68,000).

Lending trends for Child Day Care Services

4%loan volume YoY
12%dollar volume YoY
Total loaned ($)
Median loan size
May '22Aug '22Dec '22Mar '23Jun '23Oct '23Jan '24Apr '24

Top lenders by historical volume

#LenderApprovalsMedian Size
184$60,000
250$1,050,000
340$75,000
435$240,000
534$304,500
632$50,000
729$80,000
827$50,000
924$150,000
1022$150,000
1117$150,000
1216$762,000
1315$112,300
1414$400,000
1514$858,000
1613$504,000
1712$637,500
1812$357,000
1912$595,800
2012$150,000

Recent SBA 7(a) approvals for Child Day Care Services

MonthLenderBorrowerAmount
2025-12Wells Fargo Bank National AssociationJSM*****LLC$1,220,600
2025-12Readycap Lending, LLCEMP*****LLC$17,500
2025-12The Huntington National BankEar*****LLC$50,000
2025-12Commerce BankFox*****LLC$303,200
2025-12Great Plains National BankMag*****LLC$2,430,000
2025-12The Huntington National BankEar*****LLC$806,500
2025-11Harvest Small Business Finance, LLCNor*****ter$977,500
2025-11The Yellowstone BankCel*****LLC$790,000
2025-11Manufacturers and Traders Trust CompanyJen*****are$30,000
2025-11Webster Bank National AssociationJ&M*****LLC$300,000
2025-11First Bank of the LakeDen*****LLC$100,000
2025-11Live Oak Banking CompanyAKA*****LLC$4,460,000
2025-11The Huntington National BankAly*****LLC$25,000
2025-11Webster Bank National AssociationJ&M*****LLC$774,000
2025-11Commercial Bank of CaliforniaLPG*****LLC$538,000
2025-11Commercial Bank of CaliforniaLPG*****ANY$420,000
2025-11The Huntington National BankAly*****LLC$260,000
2025-11Northeast BankLOT*****LLC$350,000
2025-11Live Oak Banking CompanyBar*****LLC$2,785,000
2025-11Lendistry SBLC, LLCBRI*****NC.$202,700
2025-11Readycap Lending, LLCDr.*****LLC$50,000
2025-11Live Oak Banking CompanyThe*****nc.$5,000,000
2025-11Regions BankVis****Inc$560,100
2025-11Readycap Lending, LLCThe*****ool$350,000
2025-11Fremont BankSun*****LLC$2,216,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

State-by-state breakdown

#StateApprovals
1Texas153
2California129
3Florida115
4Ohio81
5New York70
6New Jersey66
7Pennsylvania63
8Georgia60
9North Carolina46
10Illinois46
11Maryland41
12Virginia39
13Washington37
14Michigan34
15Wisconsin33
16Massachusetts32
17Colorado31
18Indiana28
19Arizona26
20Missouri24
21Connecticut24
22Utah21
23Minnesota20
24Oregon16
25Oklahoma14

SBA loans for Child Day Care Services by state

Similar industries

Frequently asked questions about SBA loans for Child Day Care Services

Who are the top SBA lenders for Child Day Care Services?

Based on historical SBA 7(a) data, the most active lenders for Child Day Care Services (NAICS 624) include THE Huntington National Bank, Live OAK Banking Company, TD Bank, National Association, and 17 more. THE Huntington National Bank leads with 84 approved loans.

What is the typical SBA loan size for Child Day Care Services?

The median SBA 7(a) loan amount for Child Day Care Services businesses is $320,000, based on 1,407 total approved loans in the dataset.

Which states have the most SBA lending activity for Child Day Care Services?

Texas leads with 153 SBA 7(a) approvals for Child Day Care Services, followed by California (129) and Florida (115).

How do I find the best SBA lender for my child day care services business?

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 624. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.

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