Pullen Accounting & Tax Prep Inc
Pullen Accounting & Tax Prep Inc, located in De Pere, Wisconsin, operates in tax preparation services (NAICS 541213). The company was financed with an SBA 7(a) loan for a change of ownership of $640,000, approved on January 11, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jan 11, 2024
$640,000 approvedLender: Live Oak Banking Company14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $640,000
- SBA-guaranteed amount
- $480,000 (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
- 11%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- January 11, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $7,482 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 26, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 541213, Tax Preparation Services
- Project location
- Brown County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% of acquisition loans in Tax Preparation Services on this site.
- Average acquisition loan in Tax Preparation Services: $1,139,170.
- Average acquisition loan in Wisconsin: $1,729,230.
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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