Norco Cpas Limited Liability Company
Norco Cpas Limited Liability Company is an accounting firm in Greeley, Colorado, in the Offices of Certified Public Accountants industry. The company was financed with an SBA 7(a) loan for a change of ownership of $650,000, approved on March 7, 2025, through FMS Bank.
SBA 7(a) loan, change of ownership, approved Mar 7, 2025
$650,000 approvedLender: FMS Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $650,000
- SBA-guaranteed amount
- $487,500 (75% of the approval)
- Lender
- FMS Bank, Fort Morgan, CO
- 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 7, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,716 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 541211, Offices of Certified Public Accountants
- Project location
- Weld County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 16% 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 Colorado: $1,608,658.
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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