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Benham, Miller and Harris, Inc.

Boynton Beach, FL · Tax Preparation Services · NAICS 541213

Benham, Miller and Harris, Inc. is a tax preparation services business located in Boynton Beach, Florida, classified under NAICS code 541213. The company was financed with an SBA 7(a) loan for a change of ownership totaling $744,000, approved on October 28, 2023, through BankUnited, National Association.

SBA 7(a) loan, change of ownership, approved Oct 28, 2023

$744,000 approvedLender: BankUnited, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$744,000
SBA-guaranteed amount
$558,000 (75% of the approval)
Lender
BankUnited, National Association, Miami Lakes, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, fixed
Term
10 years (120 months)
Estimated maturity
October 28, 2033 (estimated, approval date plus term)
Estimated monthly payment
$8,831 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 3, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
LLC or partnership
NAICS
541213, Tax Preparation Services
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-21
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 35% of acquisition loans in Tax Preparation Services on this site.
  • Average acquisition loan in Tax Preparation Services: $1,139,170.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida