SBA loans for home daycare businesses
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
Child Day Care Services (NAICS 624410)
2,562loans approved
$400,000median loan
$100K–$981Kmiddle half of loans
$2.1Btotal approved
10%median initial rate
10 yrsmedian term
Borrowers reported 45,873 jobs created or retained.
20.3% of these loans went to franchise locations.
Loan sizes
States with the most loans
| State | Loans | Median |
|---|---|---|
| Texas | 310 | $549,800 |
| California | 222 | $411,500 |
| Florida | 208 | $514,550 |
| New York | 150 | $125,700 |
| Pennsylvania | 135 | $365,000 |
| Georgia | 123 | $718,200 |
| Ohio | 120 | $196,600 |
| Illinois | 110 | $305,000 |
| New Jersey | 101 | $430,000 |
| Massachusetts | 80 | $101,500 |
Most active lenders
| Lender | Loans | Median | Total |
|---|---|---|---|
| The Huntington National Bank | 190 | $141,750 | $93.1M |
| Live Oak Banking Company | 148 | $1,517,500 | $333.6M |
| Readycap Lending, LLC | 111 | $135,000 | $81.9M |
| TD Bank, National Association | 106 | $100,000 | $44.8M |
| Newtek Bank, National Association | 88 | $175,000 | $37.9M |
| Manufacturers and Traders Trust Company | 75 | $50,000 | $10.9M |
| Bank of America, National Association | 72 | $656,350 | $62.2M |
| Wells Fargo Bank National Association | 71 | $778,900 | $87.0M |
| U.S. Bank, National Association | 69 | $100,000 | $42.8M |
| Northeast Bank | 67 | $100,000 | $11.7M |
Planning one? Read how to start a home daycare business and model payments with the loan calculator.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.