Red Rock Consulting and Tax, LLC
Red Rock Consulting and Tax, LLC, located in Lake Havasu City, Arizona, operates in the other accounting services industry (NAICS 541219). The company was financed with an SBA 7(a) loan for a change of ownership of $2,552,000, approved by Live Oak Banking Company on August 16, 2024.
SBA 7(a) loan, change of ownership, approved Aug 16, 2024
$2,552,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,552,000
- SBA-guaranteed amount
- $1,914,000 (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
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $32,328 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 3, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 541219, Other Accounting Services
- Project location
- Mohave County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Other Accounting Services on this site.
- Average acquisition loan in Other Accounting Services: $1,284,062.
- Average acquisition loan in Arizona: $1,690,811.
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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