Education & Childcare · lender intelligence
How to finance a Challenge Island
The SBA 7(a) lenders funding the most Challenge Island deals, ranked from public loan records — typical Challenge Island loan about $105K. A bank that has funded the brand knows the model — faster approvals, better terms.
Most active with Challenge Island
Ranked by funded Challenge Island loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.575 loans · $220M · De Graff, OHFull record →
- 2.1,322 loans · $185M · Wilmington, DEFull record →
- 3.618 loans · $171M · Salt Lake City, UTFull record →
6+ funded Challenge Island deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- DESERT BLOOM EDUCATION, LLC in Sparks, NV — $128K (2026) · purchase · Zions Bank, A Division of
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $109K (85%)
- Approval → funding
- 4 days
- Approved
- 1/26/2026
- First disbursed
- 1/30/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Educational Support Services
If you were the buyer here
- Est. deal size
- $142K
- Est. down payment (10%)
- $14K
- Est. cash at closing
- $18K
- Monthly payment
- $1,709
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $26K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Zions Bank, A Division of · Lender record →
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- ALTOR CONSULTING LLC dba CHALLENGE ISLAND in Menifee, CA — $100K (2024) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $85K (85%)
- Approval → funding
- 55 days
- Approved
- 7/17/2024
- First disbursed
- 9/10/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Exam Preparation and Tutoring
Funded by United Midwest Savings Bank National Association · Lender record →
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- Challenge Island of Ocean County LLC in Waretown, NJ — $25K (2023) · TD Bank, National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 13.5% fixed
- Term
- 9 months
- SBA guaranteed
- $13K (50%)
- Approval → funding
- 7 days
- Approved
- 1/2/2023
- First disbursed
- 1/9/2023
- Loan status
- Failed — $13K charged off (5/28/2025)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- New Business or 2 years or less
- Industry
- Educational Support Services
Funded by TD Bank, National Association · Lender record →
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- INNER GAUGE CONSULTING LLC in Ellicott City, MD — $55K (2021) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (90%)
- Approved
- 8/20/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Existing or more than 2 years old
- Industry
- Administrative Management and General Management Consulting
Funded by United Midwest Savings Bank National Association · Lender record →
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- ARETE ENRICHMENT SERVICES LLC in Scottsdale, AZ — $150K (2020) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 5 days
- Approved
- 8/26/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (8/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Child Day Care Services
Funded by United Midwest Savings Bank National Association · Lender record →
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- Boerne STEAM Creative, LLC in Fair Oaks Ranch, TX — $105K (2020) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $89K (85%)
- Approval → funding
- 39 days
- Approved
- 4/22/2020
- First disbursed
- 5/31/2020
- Loan status
- Paid in full (9/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Administration of Education Programs
Funded by United Midwest Savings Bank National Association · Lender record →
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Buying a Challenge Island? Start with a lender that has funded the brand
We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded loans to Challenge Island businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Challenge Island purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. United Midwest Savings Bank National Association funds the most. DealRoom is not a lender.
- $105K typical Challenge Island loan
- 3 lenders fund the brand
- 7 days typical to fund
Buyers researching a Challenge Island typically pre-qualify for SBA 7(a) financing next, then ask DealRoom to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.