Evans Sternau CPA, LLC
Evans Sternau CPA, LLC is an accounting firm in Spring, TX, classified under Offices of Certified Public Accountants (NAICS 541211). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.11 million, approved on December 31, 2023 by Susser Bank, and reported 4 jobs.
SBA 7(a) loan, change of ownership, approved Dec 31, 2023
$1,110,000 approvedLender: Susser Bank10 years termPaid in fullLoan details
- Gross approval
- $1,110,000
- SBA-guaranteed amount
- $832,500 (75% of the approval)
- Lender
- Susser Bank, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 31, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $14,823 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 5, 2024
- Loan status
- Paid in full
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Montgomery County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 49% 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 Texas: $1,944,682.
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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