OPENair Academy
OPENair Academy is located in Aurora, CO, and the SBA lists its industry as Child and Youth Services. It was approved for an SBA 7(a) loan of $892,000 for a change of ownership on September 14, 2026.
SBA 7(a) loan, change of ownership, approved Sep 14, 2026
- Gross approval
- $892,000
- SBA-guaranteed amount
- $669,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 14, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,179 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 624110, Child and Youth Services
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Child and Youth Services: $3,260,222.
- Average acquisition loan in Colorado: $1,608,658.
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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