The Goddard School of Novi

48600 Grand River Avenue, Novi, MI 48374 · Child Day Care Services (NAICS 624410)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.7M

Jobs Supported

60

Years Active

2024–2024

Loan History (2)

Source: SBA FOIA
7(a)$150,000
Exempt
Approved
May 14, 2024 (FY2024)
SBA Guaranteed
$127,500 (85%)
Term
120 months (10.0 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Child Day Care Services (NAICS 624410)

Lender

Bank Five Nine

155 W Wisconsin Ave, Oconomowoc, WI 53066

Project Location

Oakland County, MI

504$4,538,000
NOT FUNDED
Approved
Jul 23, 2024 (FY2024)
Term
300 months (25.0 yrs)
Jobs Supported
25
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Elementary and Secondary Schools (NAICS 611110)

Lender

Bank Five Nine

Certified Development Company (CDC)

Michigan Certified Development

3737 Coolidge Road, 2nd Floor, East Lansing, MI 48823

Third-Party Lender

Bank Five Nine · Oconomowoc, WI

Project Location

Oakland County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
624410 Child Day Care Services
Address
48600 Grand River Avenue
Novi, MI 48374

Lender

Bank Five Nine
155 W Wisconsin Ave, Oconomowoc, WI 53066

Other SBA Borrowers in Novi

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