G2 Business Solutions, LLC
G2 Business Solutions, LLC is located in Fayetteville, North Carolina, and operates in the Other Accounting Services industry (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership totaling $985,000, approved on February 18, 2025, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 18, 2025
$985,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $985,000
- SBA-guaranteed amount
- $738,750 (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%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,266 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Cumberland County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in North Carolina: $1,952,444.
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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