Lloyd & Hodge PLLC
Lloyd & Hodge PLLC is located in Denton, TX, and the SBA lists its industry as Offices of Certified Public Accountants. It was approved for an SBA 7(a) loan of $565,000 for a change of ownership on March 6, 2025.
SBA 7(a) loan, change of ownership, approved Mar 6, 2025
- Gross approval
- $565,000
- SBA-guaranteed amount
- $423,750 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 6, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,707 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- LLC or partnership
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Denton County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 10% 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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Same industry in Texas
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