Marsico Financial
Marsico Financial, located in Valencia, PA, operates 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, approved on January 3, 2025, for $500,000 through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jan 3, 2025
$500,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (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
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,747 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Butler County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Certified Public Accountants: $1,327,217.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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