New Legacy Financial Inc.
New Legacy Financial Inc. is an accounting firm in Franklin, Indiana, operating 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 of $1,465,000, approved on September 10, 2025, through United Midwest Savings Bank National Association. The loan is listed with 34 jobs.
SBA 7(a) loan, change of ownership, approved Sep 10, 2025
$1,465,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,465,000
- SBA-guaranteed amount
- $1,098,750 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,957 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 34
- Business type
- Individual
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Johnson County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 66% 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 Indiana: $1,995,900.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Indiana
- Majk LLC, Indianapolis
- KF Accounting Associates LLC, Lagrange
- Wallace Consulting LLC, Merrillville