Oklahoma HealthCare Services, Inc.
Oklahoma HealthCare Services, Inc. is a home health care services business in Tulsa, Oklahoma, classified under NAICS code 621610. The company was financed with an SBA 7(a) loan for a change of ownership totaling $5 million, approved on September 10, 2024 by Byline Bank.
SBA 7(a) loan, change of ownership, approved Sep 10, 2024
$5,000,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 10, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $68,875 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Tulsa County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in Home Health Care Services on this site.
- Average acquisition loan in Home Health Care Services: $1,778,546.
- Average acquisition loan in Oklahoma: $1,861,759.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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