Tiger Lily Montessori
East Providence, RI
Loan Amount: $214,000
Total Project Amount: $535,000
Commercial Real Estate Acquisition
Job Creation: 2.5
Lender: Tamarah Bacon
Tiger Lily Montessori School is a non-profit child care center that has been providing services to RI and MA-based families since 2017. The daycare supports children up to age six in a safe and educational environment that promotes physical, social, and emotional learning. Class sizes are kept intentionally small and diverse to ensure all teachers have enough time and resources to devote to each child to better foster their development.
Through this financing project, Tiger Lily was able to move its operations to a larger space that is better-suited to the center's needs. This change will not only allow the business to accept more children from Tiger Lily's continuously growing waitlist, but will also allow for the addition of one full-time and three part-time teaching positions.
For more information, please visit their website.