Otm Accounting Inc
Otm Accounting Inc is located in Matthews, NC, and the SBA lists its industry as Other Accounting Services. It was approved for an SBA 7(a) loan of $2,596,000 for a change of ownership on August 21, 2026.
SBA 7(a) loan, change of ownership, approved Aug 21, 2026
- Gross approval
- $2,596,000
- SBA-guaranteed amount
- $1,947,000 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $32,535 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Mecklenburg County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in North Carolina: $1,952,444.
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 North Carolina
- Hyland Finance & Operations, LLC, Raleigh
- Capone & Associates LLC, Wilmington
- G2 Business Solutions, LLC, Fayetteville
- CAP3, Wilmington
- Quest Growth Partners LLC, Davidson