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Drsjc 1775 Re Holdings LLC

Naperville, IL · Offices of Certified Public Accountants · NAICS 541211

Drsjc 1775 Re Holdings LLC is a business in Naperville, Illinois, 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 $845,000, approved on January 18, 2024 by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Jan 18, 2024

$845,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$845,000
SBA-guaranteed amount
$633,750 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.99%, fixed
Term
25 years (300 months)
Estimated maturity
January 18, 2049 (estimated, approval date plus term)
Estimated monthly payment
$7,085 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 19, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
541211, Offices of Certified Public Accountants
Project location
Dupage County, IL
SBA district office
Illinois District Office
Congressional district
IL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 28% 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 Illinois: $1,796,780.

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 Illinois