# The Goddard School of Elgin, Elgin IL: $1,013,000 SBA 504 loan approved 2026-02-23

**Fresh Capital Score:** 50/100

| Field | Value |
|---|---|
| Business | The Goddard School of Elgin |
| Location | Elgin, IL, 60124 |
| County | KANE |
| Program | SBA 504 |
| Gross approval | $1,013,000 |
| Approved | 2026-02-23 |
| Lender | SomerCor 504, Inc. |
| Third-party lender | Bank of America, National Association |
| Term (months) | 300 |
| Industry | Child Care Services |
| NAICS | 624410 |
| Business type | CORPORATION |
| Business age | Change of Ownership |
| Jobs supported | 22 |

## Why this score
- Approval of $500K or more.
- 22 jobs supported.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.