Primrose School of Norman
Primrose School of Norman is a child care services business in Norman, Oklahoma, classified under NAICS code 624410. It was approved for an SBA 504 loan, with the SBA portion of $2,678,000 that financed real estate or equipment through an SBA 504 loan, approved on December 23, 2025 through America First Federal Credit Union and Rural Enterprises of Oklahoma, Inc. The business is a franchise of Primrose Schools.
SBA 504 loan, approved Dec 23, 2025
$2,678,000 SBA portionCDC: Rural Enterprises of Oklahoma, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,678,000
- Bank portion
- $2,650,000
- Estimated project size
- $5,920,000 (estimated)
- Estimated owner equity
- $592,000 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- December 23, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Franchise
- Primrose Schools
- Project location
- Cleveland County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-4
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 81% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Oklahoma: $1,929,167.
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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Same industry in Oklahoma
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