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API Accounting, Tax & Advisory, Inc.

Concord, CA · Other Accounting Services · NAICS 541219

API Accounting, Tax & Advisory, Inc. is located in Concord, California, and is classified under NAICS 541219 (Other Accounting Services). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,250,000, approved on January 29, 2026, by United Midwest Savings Bank National Association. The loan reports 15 jobs.

SBA 7(a) loan, change of ownership, approved Jan 29, 2026

$3,250,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,250,000
SBA-guaranteed amount
$2,437,500 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
January 29, 2036 (estimated, approval date plus term)
Estimated monthly payment
$41,170 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 26, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
541219, Other Accounting Services
Project location
Solano County, CA
SBA district office
San Francisco District Office
Congressional district
CA-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 95% of acquisition loans in Other Accounting Services on this site.
  • Average acquisition loan in Other Accounting Services: $1,284,062.
  • Average acquisition loan in California: $1,688,228.

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 California