Child Care Center Feasibility Study in the Tulsa, OK Metro Area

Tulsa: where child care center lending stands

Child care in Tulsa is well represented locally, with a location quotient of 1.21x, yet financed in smaller amounts than elsewhere, since the median loan is 0.85x the national median. SBA's files carry 32 loans for child care centers in Tulsa, OK, $25.0 million approved across FY2017 to FY2026. Tulsa, OK places 57 of 493 nationally for this class; the class is 6 of 39 locally. The Tulsa location quotient of 1.21x puts child care centers above their national share of lending. A median of $382,500 sits at 0.85x of the class median nationally; the typical Tulsa loan is lighter.

Between $226,850 and $611,500 lies the middle half of the Tulsa loans. A request well above $611,500 would be among the biggest in Tulsa. The Tulsa program split reads 22 for 7(a) and 10 for 504. SBA's franchise flag gives child care centers a share of 25.0% in Tulsa. A reviewer reads requests against $382,500. The usual spread runs $226,850 to $611,500. Say plainly whether the child care center is branded. Name the SBA structure the plan expects. One industry code holds both family child care homes and centers, and this page cannot separate them.

Holders, places and years in Tulsa

County counts read Tulsa County, OK 24. Printed years: FY2020 with 0 loans and $0 and FY2022 with 7 loans and $1.9 million. Every other year is held back. Their loan counts are thin. None is an empty year. A few printed years show no direction. Borrowers can use the Tulsa record as context. The plan still needs its own evidence.

Underwriting a child care center in Tulsa

No cancellation or charge-off rate for Tulsa. Its cohort falls under 30 loans. A lender has no loss floor here. The 2023 federal county groups define areas. Every loan is read through its county. County names do the matching. Unplaceable loans are left out everywhere. Across 32 loans, $25.0 million was approved in Tulsa. No total replaces the project. The feasibility work for a child care center here must examine playground and safety cost, weighed with a median loan of $382,500; enrollment by age group; centers already serving them; tuition against payroll and ratios; parent drop-off flow; teacher recruitment and turnover; staff-to-child ratios; debt coverage while enrollment builds; and the appraisal of a specialised building. The record implies no approval in Tulsa. Context is all that the record gives.