Chappell Professional Group, PC
Chappell Professional Group, PC, located in Birmingham, Alabama, operates in the offices of certified public accountants industry (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership of $2.9 million, approved on December 1, 2025, through United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Dec 1, 2025
$2,879,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,879,000
- SBA-guaranteed amount
- $2,159,250 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $35,695 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 6, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Shelby County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 94% of acquisition loans in Offices of Certified Public Accountants on this site.
- Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
- Average acquisition loan in Alabama: $1,764,717.
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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