Certified Pro Advisors, LLC
Certified Pro Advisors, LLC, located in Memphis, Tennessee, operates in the Other Accounting Services industry (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership of $616,000, approved on March 5, 2025, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Mar 5, 2025
$616,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $616,000
- SBA-guaranteed amount
- $462,000 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,971 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Shelby County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 14% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in Tennessee: $1,738,925.
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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