Beta School Inc
820-824 Reece Road (lots 54 &, Severn, MD 21144 · Child Day Care Services (NAICS 624410)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$3.4M
Jobs Supported
110
Years Active
2025–2025
Loan History (3)
Source: SBA FOIA7(a)$340,000
Exempt
- Approved
- Oct 21, 2024 (FY2025)
- SBA Guaranteed
- $255,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.75%
- Revolver
- 0
- Jobs Supported
- 43
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Child Day Care Services (NAICS 624410)
Lender
Bank Five Nine
155 W Wisconsin Ave, Oconomowoc, WI 53066
Project Location
Anne Arundel County, MD
7(a)$150,000
Exempt
- Approved
- Jun 10, 2025 (FY2025)
- SBA Guaranteed
- $127,500 (85%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.00%
- Revolver
- 0
- Jobs Supported
- 43
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Child Day Care Services (NAICS 624410)
Lender
Bank Five Nine
155 W Wisconsin Ave, Oconomowoc, WI 53066
Project Location
Anne Arundel County, MD
504$2,925,000
NOT FUNDED
- Approved
- Feb 3, 2025 (FY2025)
- Term
- 300 months (25.0 yrs)
- Jobs Supported
- 24
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- Elementary and Secondary Schools (NAICS 611110)
Lender
Bank Five Nine
Certified Development Company (CDC)
504 Capital Corporation
501 Independence Parkway, Chesapeake, VA 23320
Third-Party Lender
Bank Five Nine · Oconomowoc, WI
Project Location
Anne Arundel County, MD
Business Details
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- NAICS Code
- 624410 — Child Day Care Services
- Address
- 820-824 Reece Road (lots 54 &
Severn, MD 21144
Lender
- Bank Five Nine
- 155 W Wisconsin Ave, Oconomowoc, WI 53066