SBA Loans for Child Day Care Services: Top Lenders & Recent Approvals
NAICS 624NAICS 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
- SBA lending to child day care services businesses grew 52% year-over-year — from 397 to 603 approvals.
- Total SBA dollars flowing into this industry increased by 48% year-over-year, reaching $489,916,100 in the trailing 12 months.
- THE Huntington National Bank leads this industry with 84 approvals (16% market share) and a median loan of $60,000.
- 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
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 84 | $60,000 | |
| 2 | 50 | $1,050,000 | |
| 3 | 40 | $75,000 | |
| 4 | 35 | $240,000 | |
| 5 | 34 | $304,500 | |
| 6 | 32 | $50,000 | |
| 7 | 29 | $80,000 | |
| 8 | 27 | $50,000 | |
| 9 | 24 | $150,000 | |
| 10 | 22 | $150,000 | |
| 11 | 17 | $150,000 | |
| 12 | 16 | $762,000 | |
| 13 | 15 | $112,300 | |
| 14 | 14 | $400,000 | |
| 15 | 14 | $858,000 | |
| 16 | 13 | $504,000 | |
| 17 | 12 | $637,500 | |
| 18 | 12 | $357,000 | |
| 19 | 12 | $595,800 | |
| 20 | 12 | $150,000 |
Recent SBA 7(a) approvals for Child Day Care Services
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | U.S. Bank, National Association | Com*****hio | AKRON, OH | $953,000 |
| 2025-12 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Los*****nc. | HAWTHORNE, NY | $150,000 |
| 2025-12 | U.S. Bank, National Association | Com*****hio | AKRON, OH | $50,000 |
| 2025-12 | Bank of America, National Association | Sta*****LLC | MECHANICSBURG, PA | $739,500 |
| 2025-12 | First Utah Bank | KAD*****LLC | SOUTH JORDAN, UT | $120,000 |
| 2025-12 | Manufacturers and Traders Trust Company | Foo*****LLC | WATERBURY, CT | $30,000 |
| 2025-12 | Live Oak Banking Company | MSK*****LLC | BRIDGEVILLE, PA | $275,000 |
| 2025-12 | Dogwood State Bank | Lit*****LLC | Raleigh, NC | $1,403,900 |
| 2025-12 | Northeast Bank | TOT*****NC. | Lakewood, NJ | $350,000 |
| 2025-12 | Community State Bank | Bri*****LLC | Kenosha, WI | $412,200 |
| 2025-12 | Readycap Lending, LLC | She*****Inc | BELMONT, NC | $50,000 |
| 2025-12 | United Midwest Savings Bank National Association | TKP*****OLA | Daphne, AL | $150,000 |
| 2025-12 | Magnifi Financial CU | Fav*****LLC | CEDAR PARK, TX | $190,000 |
| 2025-12 | T Bank, National Association | Nor*****LLC | MURRAYVILLE, GA | $803,100 |
| 2025-12 | Celtic Bank Corporation | Dan*****LLC | CHESTERFIELD, VA | $924,000 |
| 2025-12 | Celtic Bank Corporation | O'B*****ter | AUBURN, CA | $85,000 |
| 2025-12 | Live Oak Banking Company | GRA*****LLC | FLOWER MOUND, TX | $2,300,000 |
| 2025-12 | Peoples Bank | NKI*****LLC | HEMPSTEAD, TX | $613,000 |
| 2025-12 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Bri*****LLC | NEW CASTLE, PA | $200,000 |
| 2025-12 | Byline Bank | RES*****NC. | CLERMONT, FL | $550,000 |
| 2025-12 | Oconee State Bank | Cre*****LLC | COLUMBIA, IL | $405,000 |
| 2025-12 | Southern Bancorp Bank | Pen*****LLC | Olathe, KS | $90,000 |
| 2025-12 | First Utah Bank | Kid*****nc. | SALT LAKE CITY, UT | $125,000 |
| 2025-12 | BancFirst | Ki****LLC | EL RENO, OK | $100,000 |
| 2025-12 | Live Oak Banking Company | Saa*****LLC | LAUREL, MD | $5,000,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | Texas | 153 |
| 2 | California | 129 |
| 3 | Florida | 115 |
| 4 | Ohio | 81 |
| 5 | New York | 70 |
| 6 | New Jersey | 66 |
| 7 | Pennsylvania | 63 |
| 8 | Georgia | 60 |
| 9 | North Carolina | 46 |
| 10 | Illinois | 46 |
| 11 | Maryland | 41 |
| 12 | Virginia | 39 |
| 13 | Washington | 37 |
| 14 | Michigan | 34 |
| 15 | Wisconsin | 33 |
| 16 | Massachusetts | 32 |
| 17 | Colorado | 31 |
| 18 | Indiana | 28 |
| 19 | Arizona | 26 |
| 20 | Missouri | 24 |
| 21 | Connecticut | 24 |
| 22 | Utah | 21 |
| 23 | Minnesota | 20 |
| 24 | Oregon | 16 |
| 25 | Oklahoma | 14 |
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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