Genesis Tax & Accounting Solutions LLC
Genesis Tax & Accounting Solutions LLC is an accounting firm in Auburn, Alabama, in the offices of certified public accountants industry. The company was financed with an SBA 7(a) loan for a change of ownership of $642,000, approved on August 11, 2026 by United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Aug 11, 2026
$642,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $642,000
- SBA-guaranteed amount
- $481,500 (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
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 11, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,133 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 3, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Lee County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 15% 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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